It is commonly asserted that speculative buying by index funds in commodity futures andover–the–counter derivatives …, consistently lead futures pricechanges. Fourth, there is a historical pattern of attacks upon speculation during periods ofextreme … markets created a ‘‘bubble’’ in commodity prices, with the resultthat prices, and crude oil prices, in particular, far …

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 … observed price changes. Findings show that market-specific shocks related to supply and demand for wheat were the dominant …

This paper investigates the dynamics of sequential decision-making in agricultural futures and options markets using a …

This paper investigates the dynamics of sequential decision-making in agricultural futures andoptions markets using a …

Over the years, critics have argued that futures market prices have been either too low or too high. Speculators have … often been the target for the wrath of those feeling the futures price does not properly reflect market fundamentals … agricultural commodity prices experienced over the last several years. Commodity index traders (CITs) and other large institutional …