000162073 001__ 162073
000162073 005__ 20181129232830.0
000162073 0247_ $$2Other$$aISSN 2280-6180 (print) ISSN 2280-6172 (online)
000162073 037__ $$a1050-2016-85733
000162073 037__ $$a1050-2016-85815
000162073 041__ $$aen
000162073 084__ $$aG13
000162073 084__ $$aQ14
000162073 084__ $$aG01
000162073 245__ $$aCommodity futures markets: are they an effective price risk management tool for the European wheat supply chain?
000162073 260__ $$c2013-12
000162073 269__ $$a2013-12
000162073 270__ $$mmarco.zuppiroli@unipr.it$$pZuppiroli,   Marco
000162073 300__ $$a19
000162073 336__ $$aJournal Article
000162073 520__ $$aThe instability of commodity prices and the hypothesis that speculative behaviour was one of its causes has brought renewed interest in futures markets. The paper analyses the European wheat futures markets (feed and milling) and the Chi- cago Board of Trade’s wheat contract as a comparison. Although the main purpose of the paper is to analyse whether futures markets are still useful for hedging (con- sidering the demands from different market participants), implicitly this can be seen as testing whether the increasing presence of speculation has made futures markets divorced from physical markets. The results indicate that hedging with futures mar- kets is still a viable alternative for dealing with price risk. This is particularly true in short period hedges (e.g. merchants and processors), where the basis seems to have been affected by the observed price instability.
000162073 542__ $$fLicense granted by Davide Viaggi (davide.viaggi@unibo.it) on 2013-12-28T10:05:51Z (GMT):

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000162073 650__ $$aDemand and Price Analysis
000162073 6531_ $$aFutures markets
000162073 6531_ $$awheat
000162073 6531_ $$ahedging
000162073 6531_ $$acommodity prices
000162073 6531_ $$aprice risk
000162073 700__ $$aRevoredo-Giha, Cesar
000162073 700__ $$aZuppiroli, Marco
000162073 773__ $$d2013$$j 02$$k 3$$o255$$q237$$tBio-based and Applied Economics Journal
000162073 8564_ $$s586287$$uhttp://ageconsearch.umn.edu/record/162073/files/12952-26402-1-PB.pdf
000162073 887__ $$ahttp://purl.umn.edu/162073
000162073 909CO $$ooai:ageconsearch.umn.edu:162073$$pGLOBAL_SET
000162073 912__ $$nSubmitted by Davide Viaggi (davide.viaggi@unibo.it) on 2013-12-28T10:12:37Z
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  Previous issue date: 2013-12
000162073 982__ $$gItalian Association of Agricultural and Applied Economics (AIEAA)>Bio-based and Applied Economics Journal>Volume 2, Issue 3, 2013: Between Crisis and Development: Which Role for the Bio-Economy
000162073 980__ $$a1050