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Market expectations and corn prices: looking into future to explain present

Michael Plante and Jackson Thies

Economic Letter, 2012, vol. 7, issue 7

Abstract: Market expectations of future supply and demand are important in determining current prices for agricultural products such as corn, which are harvested annually and stored for later use. Prices can quickly move when beliefs change?due to new data, for example?even if events far in the future are involved.

Keywords: Forecasting; Supply and demand; Corn prices (search for similar items in EconPapers)
Date: 2012
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