PRICE DISCOVERY IN THE FUTURES AND CASH MARKET FOR SUGAR

Delroy Armstrong, Hector Zapata and Randy Fortenbery

No 35239, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: Pricing function using world sugar futures (WSF) has received limited research interest. Findings indicate that WSF and cash prices for the Dominican Republic appears cointegrated with changing relationships. Previous work suggests that futures markets price the cheapest quality of commodities deliverable on contracts. Cointegration results are consistent with this argument.

Keywords: Marketing (search for similar items in EconPapers)
Date: 2003

Downloads: (external link)
http://purl.umn.edu/35239 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ags:saeatm:35239

Access Statistics for this paper

More papers in 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association
Contact information at EDIRC.
Series data maintained by AgEcon Search ().