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Grain Futures Contracts: An Economic Appraisal (Hardcover, 1993 ed.)
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Grain Futures Contracts: An Economic Appraisal (Hardcover, 1993 ed.)
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This study is an independent scholarly analysis of the economics of
the grain futures contracts of the Chicago Board of Trade. The
study was made possible by a research grant to the MidAmerica
Institute from the Chicago Board of Trade, and we gratefully
acknowledge this financial support, as well as the information and
vast body of experience made available to us by the Division of
Economic Analysis and members of the Exchange. Several other
organizations also provided invaluable help from the inception of
this study through the full process, either in the form of
information, or through discussion: the Commodity Futures Trading
Commission, the U.S. Department of Agriculture, the National Grain
and Feed Association, the American Soybean Association, the Senate
Committee on Agriculture, Nutrition and Forestry, the House
Committee on Agriculture, the General Accounting Office, and the
Center for the Study of Futures and Options Markets at Virginia
Polytechnic and State University. We express our thanks. The
primary authors wish to extend a special word of apprecia tion to
Michael Brennan, Merton Miller, Richard Roll, Hans Stoll and Lester
Telser, who served as members of the Resource Panel for the study.
While key strengths of the study reflect their input, ultimate
responsibility for the analysis rests with the primary authors."
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