COMMODITY FUTURES MARKETS-- ARE CHANGES NEEDED?

Robert N. Wisner

No 284550, 1974 Annual Meeting, August 18-21, College Station, Texas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The usefulness of commodity futures markets for hedging is affected by delivery conditions, contract size and related contract details. Impediments to delivery or contract specifications designed primarily for large hedgers can reduce competition in such markets, thus lowering risk-shifting performance under certain conditions. Reduced risk-shifting performance was evident in grain futures markets in 1973.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 15
Date: 1974-08
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/284550/files/19-00105AAEA_0236.pdf (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: https://EconPapers.repec.org/RePEc:ags:aaea74:284550

DOI: 10.22004/ag.econ.284550

Access Statistics for this paper

More papers in 1974 Annual Meeting, August 18-21, College Station, Texas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().