Determinants of agricultural futures price volatilities: Evidence from winnipeg commodity exchange

1993 ◽  
Vol 13 (4) ◽  
pp. 345-356 ◽  
Author(s):  
Nabil Khoury ◽  
Pierre Yourougou
Keyword(s):  
Commodity Exchange ◽  
Agricultural Futures ◽  
Futures Price

Factors affecting agricultural futures price variance

1987 ◽  
Vol 7 (1) ◽  
pp. 73-91 ◽  
Author(s):  
David Kenyon ◽  
Kenneth Kling ◽  
Jim Jordan ◽  
William Seale ◽  
Nancy McCabe
Keyword(s):  
Factors Affecting ◽  
Agricultural Futures ◽  
Futures Price

scholarly journals The effect of agricultural futures price changes on the agricultural production in AP Vojvodina

2019 ◽  
Vol 66 (3) ◽  
pp. 755-770
Author(s):  
Dejan Živkov ◽  
Nataša Papić-Blagojević ◽  
Sanja Lončar
Keyword(s):  
Agricultural Production ◽  
Price Changes ◽  
Agricultural Futures ◽  
Futures Price

EFFECTIVE CROSS HEDGING: EVIDENCE FROM PHYSICAL CRUDE PALM OIL AND ITS INTER-RELATED AGRICULTURAL FUTURES CONTRACTS

2018 ◽  
Vol 17 (2) ◽  
pp. 123
Author(s):  
Noryati Ahmad ◽  
Ahmad Danial Zainudin ◽  
Fahmi Abdul Rahim ◽  
Catherine S F Ho
Keyword(s):  
Palm Oil ◽  
Futures Contracts ◽  
Crude Palm Oil ◽  
Oil Futures ◽  
Futures Contract ◽  
Agricultural Futures ◽  
Cross Hedging ◽  
Optimal Hedge ◽  
Excessive Speculation ◽  
Chicago Board Of Trade

Since its establishment, Crude Palm Oil futures contract (FCPO) has been used to directly hedge its physical crude palm oil (CPO). However, due to the excessive speculation activities on crude palm oil futures market, it has been said to be no longer an effective hedging tool to mitigate the price risk of its underlying physical market. This triggers the need for market players to find possible alternatives to ensure that the hedging role can be executed effectively. Thus this investigation attempts to examine whether other inter-related grains and oil seed futures contracts could serve as effective cross-hedging mechanisms for the CPO. Weekly data of inter-related futures contracts from Chicago Board of Trade (CBOT) and Dalian Commodity Exchange (DCE) are employed to cross hedge the physical crude palm oil prices. The study starts from 2006 until 2016. Empirical results indicate that FCPO is still the best futures contract for hedging purposes while Chicago Soybean (CBOTBO) provides second best alternative if cross-hedging is considered. Keywords: Crude palm oil, Crude palm oil futures, Cross Hedging, Optimal Hedge Ratio, Effective Hedging

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