The paper examines empirical returns from holding thirty- and ninety-day call and put positions, and the forecasting performance of implied volatility in the live and feeder cattle options markets. In both markets, implied volatility is an upwardly biased and inefficient predictor of realized...

The most important territory of the agricultural production is the rural area. The rural area has effect on the production and the production has effect on the structure of the rural area. The agriculture as a sector was regulated by the Common Agricultural Policy (CAP), which had established by...