Trading Based on Knowing the Wasde Report in Advance

Trent T. Milacek and B Brorsen

Journal of Agricultural and Applied Economics, 2017, vol. 49, issue 3

Abstract: Past research shows that prices move in response to World Agricultural Supply and Demand Estimates (WASDE) reports immediately prior to and after a report. This research develops trading models based on knowing the next WASDE report in advance. This should help traders evaluate investments to predict information contained within the report and in determining how best to use such forecasts. The price-forecasting models use regressions against the ratios of ending stocks to use. Results show a steady increasing return to trading over the report month. The highest returns are produced by trading during the growing and harvest seasons.

Keywords: Agribusiness; Financial Economics (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/352117/files/t ... eport-in-advance.pdf (application/pdf)

Related works:
Journal Article: TRADING BASED ON KNOWING THE WASDE REPORT IN ADVANCE (2017)
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: https://EconPapers.repec.org/RePEc:ags:joaaec:352117

DOI: 10.22004/ag.econ.352117

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().