Author: Rollo Lee EhrichPublisher:
ISBN:
Category : Wheat
Languages : en
Pages : 370
Book Description
An Economic Analysis of Cash-future Price Relationships of Hard Red Spring Wheat
Author: Rollo Lee EhrichPublisher:
ISBN:
Category : Wheat
Languages : en
Pages : 370
Book Description
Journal of Farm Economics
Author: Miscellaneous Publication
Author: Agricultural Economics at the University of Minnesota
Author: Willard Wesley CochranePublisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 152
Book Description
How Government Policies Affect the Relationship between Polish and World Wheat prices
Author: Panayotis N. VarangisPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 40
Book Description
June 1997 Government intervention is the main reason for the low correlation between cash prices for Polish wheat and wheat futures prices in Chicago and London. Polish government policies reduce incentives for Poland's private sector to use existing wheat futures contracts in foreign exchanges to hedge against price risks and impede the development of a Polish wheat futures exchange. Cash prices for wheat in Poland are not closely related to futures prices in Chicago and London, for several reasons: differences in seasonality, fluctuations in exchange rate, poor dissemination of information in Poland, and most important the Polish government's intervention in wheat markets. Polish wheat prices generally move to expected intervention prices (set by ARR, the agency for agricultural markets) and then stay there until the next intervention level becomes known. The exception was in 1994/95, when sharply higher world prices raised prices in Poland. A wheat futures exchange in Poland could give the private sector a tool for hedging against price risk, improving efficiency and price discovery in Poland. It would be difficult to develop, however, under present interventionist policies. This situation could be improved by reducing the protection of prices and by making any intervention rules-based (reducing uncertainty about policies). Should intervention be reduced or rationalized, the next question is whether Poland needs its own wheat futures exchange or whether Poland's private sector can use futures exchanges in London and Chicago to hedge against risk. The answer to that question is not an easy one. This paper - a product of the Commodity Policy and Analysis Unit, International Economics Department - is part of a larger effort in the department to analyze commodity pricing policies.
Commodity Futures Trading Commission Act
Author: United States. Congress. Senate. Committee on Agriculture and ForestryPublisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 452
Book Description
Commencement
Author: University of MinnesotaPublisher:
ISBN:
Category : Commencement ceremonies
Languages : en
Pages : 426
Book Description
Fiftieth Anniversary Handbook of the American Farm Economic Association (as of July 1, 1961).
Author: American Farm Economic AssociationPublisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 218
Book Description
Agribusiness & Applied Economics Report
Author: Summaries of Ph.D. Theses
Author: University of MinnesotaPublisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 664
Book Description