Excessive Speculation in the Wheat Market

Excessive Speculation in the Wheat Market PDF

Author: United States. Congress

Publisher: Createspace Independent Publishing Platform

Published: 2018-01-16

Total Pages: 520

ISBN-13: 9781983874727

DOWNLOAD EBOOK →

Excessive speculation in the wheat market : hearing before the Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs, United States Senate, One Hundred Eleventh Congress, first session, July 21, 2009.

Food Price Volatility and Its Implications for Food Security and Policy

Food Price Volatility and Its Implications for Food Security and Policy PDF

Author: Matthias Kalkuhl

Publisher: Springer

Published: 2016-04-12

Total Pages: 626

ISBN-13: 3319282018

DOWNLOAD EBOOK →

This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.

Deconstructing Wheat Price Spikes

Deconstructing Wheat Price Spikes PDF

Author: United States Department of Agriculture

Publisher: CreateSpace

Published: 2014-12-09

Total Pages: 48

ISBN-13: 9781505433609

DOWNLOAD EBOOK →

In 2008, wheat futures prices spiked and then crashed along with prices for other agri-cultural and nonagricultural commodities. Market observers offered several theories to explain this common movement, or comovement, in prices, and have proposed policies to address the perceived problem of excessive price volatility. The design of an appropriate policy response would benefit from a better understanding of the cause of the observed price movements. This study uses an econometric model to decompose observed wheat prices into a set of economic factors and measure the relative contribution of each factor to observed price changes. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes in the three U.S. wheat futures markets. Fluctuations in the global macroeconomy associated with broadbased demand shocks were relatively less significant for wheat than for other commodities like crude oil and corn. Finally, little evidence suggests commodity index trading contributed to recent price spikes.

Deconstructing Wheat Price Spikes

Deconstructing Wheat Price Spikes PDF

Author: Joseph P. Janzen

Publisher:

Published: 2014-06-07

Total Pages: 51

ISBN-13: 9781457855009

DOWNLOAD EBOOK →

In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and nonagricultural commodities. Market observers offered several theories to explain this common movement, or comovement, in prices, and have proposed policies to address the perceived problem of excessive price volatility. The design of an appropriate policy response would benefit from a better understanding of the cause of the observed price movements. This study uses an econometric model to decompose observed wheat prices into a set of economic factors and measure the relative contribution of each factor to observed price changes. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes in the three U.S. wheat futures markets. Fluctuations in the global macroeconomy associated with broadbased demand shocks were relatively less significant for wheat than for other commodities like crude oil and corn. Little evidence suggests commodity index trading contributed to recent price spikes. Tables and figures. This is a print on demand report.

The Economics of Food Price Volatility

The Economics of Food Price Volatility PDF

Author: Jean-Paul Chavas

Publisher: University of Chicago Press

Published: 2014-10-14

Total Pages: 394

ISBN-13: 022612892X

DOWNLOAD EBOOK →

"The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.