Sanders, Dwight R.; Garcia, Philip; Manfredo, Mark R. - In: Journal of Agricultural and Resource Economics 33 (2008) 01
The informational content in live cattle and hog deferred futures prices is assessed using a direct test of incremental forecast ability for two- to twelve-month horizons. For 1976-2007, the results indicate that hog futures prices add incremental information at all horizons, but unique...