2022 Conference, April 25-26, 2022, St. Louis, Missouri

The value of USDA reports in the U.S. agricultural commodity futures markets has been intensively researched, but few studies have examined market responses to USDA repor [...]

We develop a theoretical framework and propose a relevant empirical analysis of the soybean complex prices cointegration relationship in a highfrequency setting. We allow [...]

Shorter-dated options have become more popular in the grain and oilseeds markets. While they remain tied to (or derivatives on) the common underlying futures contracts, t [...]

Motivated by the current context of high and volatile energy and food prices, we examine the conditional variance-covariance matrix dynamics and price discovery process c [...]

Long-term forecasts about commodity market indicators play an important role in informing policy and investment decisions by governments and market participants. The USDA [...]

USDA Economic Research Service (ERS) releases short-term forecasts and estimates of farm sector income three times a year, informing the public on the financial health of [...]

USDA’s annual Agricultural Baseline Projections contribute significantly to agricultural policy in the United States, and hence their accuracy is vital. The baseline pr [...]

USDA reports are publicly available and provide important fundamental information on agricultural commodities. An extensive literature finds evidence of price or volatili [...]

In addition to the traditional market price risks, origin shippers of grains and oilseeds face risks related to the costs associated with the handling, storage, and trans [...]