market integration: case studies of structural change by jason r.v. franken and joe l. parcell

Calendar vs. Weeks to Expiration Livestock Basis

Forecasts: Which Is Better?

by

Glynn T. Tonsor, James R. Mintert,

and Kevin C. Dhuyvetter

Suggested citation format:

Tonsor, G. T., J. R. Mintert, and Kevin C. Dhuyvetter. 2003. “Calendar vs. Weeks to Expiration Livestock Basis Forecasts: Which Is Better?” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Using Private Risk Management Instruments to Manage

Counter-Cyclical Payment Risks

under the New Farm Bill

by John D. Anderson, Keith H. Coble,

and J. Corey Miller

Suggested citation format:

Anderson, J. D., K. H. Coble, and J. C. Miller. 2003. “Using Private Risk Management Instruments to Manage Counter-Cyclical Payment Risks under the New Farm Bill.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

The Term Structure of Implied Forward Volatility:

Recovery and Informational Content in the Corn

Options Market

by

Thorsten M. Egelkraut, Philip Garcia,

and Bruce J. Sherrick

Suggested citation format:

Egelkraut, T. M., P. Garcia and B. J. Sherrick. 2003. “The Term Structure of Implied Forward Volatility: Recovery and Informational Content in the Corn Options Market.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Market Integration: Case Studies of Structural Change

by

Jason R.V. Franken and Joe L. Parcell

Suggested citation format:

Franken, J. R.V., and J. L. Parcell. 2003. “Market Integration: Case Studies of Structural Change.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Managing Dairy Profit Risk Using Weather Derivatives

by

Gang Chen, Matthew C. Roberts, and Cameron Thraen

Suggested citation format:

Chen, G., M. C. Roberts, and C. Thraen. 2003. “Managing Dairy Profit Risk Using Weather Derivatives.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

An ARCH Analysis of The Hedging Performance of

Imminently Maturing Future contracts

by

Roger A. Dahlgran

Suggested citation format:

Dahlgran, R. A. 2003. “An ARCH Analysis of The Hedging Performance of Imminently Maturing Future contracts.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

USDA Interval Forecasts of Corn and Soybean Prices:

Overconfidence or Rational Inaccuracy?

by

Olga Isengildina, Scott H. Irwin,

and Darrel L. Good

Suggested citation format:

Isengildina, O., S. H. Irwin, and D. L. Good. 2003. “USDA Interval Forecasts of Corn and Soybean Prices: Overconfidence or Rational Inaccuracy?” Proceedings of the 2003 NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

The Feasibility of a Boxed Beef Futures Contract:

Hedging Wholesale Beef Cuts

by

Fabio Mattos, Philip Garcia, Raymond Leuthold,

and Tony Hahn

Suggested citation format:

Mattos, F., P. Garcia, R. Leuthold, and T. Hahn. 2003. “The Feasibility of a Boxed Beef Futures Contract: Hedging Wholesale Beef Cuts.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Pricing Weather Derivatives for Agricultural Risk

Management

by

Timothy J. Richards, Mark R. Manfredo,

and Dwight R. Sanders

Suggested citation format:

Richards, T. J., M. R. Manfredo, and D. R. Sanders. 2003. “Pricing Weather Derivatives for Agricultural Risk Management.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Information Cascades with Financial Market

Professionals: An Experimental Study

by

Jonathan E. Alevy, Michael S. Haigh, and John A. List

Suggested citation format:

Alevy, J. E., M. S. Haigh, and J. A. List. 2003. “Information Cascades with Financial Market Professionals: An Experimental Study.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Technical Analysis in Commodity Markets: Risk,

Returns, and Value

by

Matthew C. Roberts

Suggested citation format:

Roberts, M. C. 2003. “Technical Analysis in Commodity Markets: Risk, Returns, and Value.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Spatial Competition and Pricing in the Agricultural

Chemical Industry: Empirical Evidence from Georgia

by

R. Lee Hall, Jeffrey H. Dorfman, and Lewell F. Gunter

Suggested citation format:

Hall, R. L., J. H. Dorfman, and L. F. Gunter. 2003. “Spatial Competition and Pricing in the Agricultural Chemical Industry: Empirical Evidence from Georgia.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Comparing the Performances of the Partial Equilibrium

and Time-Series Approaches to Hedging

by

Henry L. Bryant and Michael S. Haigh

Suggested citation format:

Bryant, H. L., and M. S. Haigh. 2003. “Comparing the Performances of the Partial Equilibrium and Time-Series Approaches to Hedging.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Market Dynamics Associated with a Beefpacking Plant

Closing and a Porkpacking Plant Opening

by

Jonathan T. Hornung and Clement E. Ward

Suggested citation format:

Hornung, J. T., and C. E. Ward. 2003. “Market Dynamics Associated with a Beefpacking Plant Closing and a Porkpacking Plant Opening.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Futures Market Depth: Revealed vs. Perceived Price

Order Imbalances

by

Joost M.E. Pennings, Philip Garcia,

and Julia W. Marsh

Suggested citation format:

Pennings, J. M. E., P. Garcia, and J. W. Marsh. 2003. “Futures Market Depth: Revealed vs. Perceived Price Order Imbalances.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Keep up the Good Work? An Evaluation of the USDA’s

Livestock Price Forecasts

by

Dwight R. Sanders and Mark R. Manfredo

Suggested citation format:

Sanders, D. R., and M. R. Manfredo. 2003. “Keep up the Good Work? An Evaluation of the USDA’s Livestock Price Forecasts.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Risk Management Techniques for Agricultural

Cooperatives: An Empirical Evaluation

by

Mark Manfredo, Timothy Richards, and Scott Mcdermott

Suggested citation format:

Manfredo, M., T. Richards, and S. Mcdermott. 2003. “Risk Management Techniques for Agricultural Cooperatives: An Empirical Evaluation.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Evaluation of Market Advisory Service Performance

in Hogs

by

Rick L. Webber, Scott H. Irwin, Darrel L. Good,

and Joao Martines-Filho

Suggested citation format:

Webber, R. L., S. H. Irwin, D. L. Good, and J. Martines-Filho. 2003. “Evaluation of Market Advisory Service Performance in Hogs.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Price Premiums from a Certified Feeder Calf

Preconditioning Program

by

Clement E. Ward and David L. Lalman

Suggested citation format:

Ward, C. E., and D. L. Lalman. 2003. “Price Premiums from a Certified Feeder Calf Preconditioning Program.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].

Determinants of Beef and Pork Brand Equity

by

Joe L. Parcell and Ted Schroeder

Suggested citation format:

Parcell, J. L., and T. Schroeder. 2003. “Determinants of Beef and Pork Brand Equity.” Proceedings of the NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. [http://www.farmdoc.uiuc.edu/nccc134].