Analysis of Expected Price Dynamics Between Fluid Milk Futures Contracts and Cash Prices for Fluid Milk

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T. RANDALL FORTENBERY; ROBERT A. CROPP; Hector O. Zapata;
(1997)
  • Subject: Fluid milk futures, Contracts, Basis, Dairy markets, Agribusiness, Demand and Price Analysis,

The objective of this study is to provide an empirical evaluation of the expected relationship between cash and futures prices for fluid milk. This is done using historic cash prices from 1988 to 1995, and making inferences about how futures prices would have behaved if... View more
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