1' cash prices. The live cattle futures in particular have been criticized. Although some have argued that futures trading can lower the average level of cash prices (Wise, 1962;Bagnell, 1963), a more common belief is that futures markets tend to destabilize cash prices and thus increase the risk fa
The Cash-Futures Price Spread for Live Hogs
โ Scribed by Raymond M. Leuthold and Paul E. Peterson
- Book ID
- 125087174
- Publisher
- Blackwell Publishing
- Year
- 1983
- Weight
- 713 KB
- Volume
- 5
- Category
- Article
- ISSN
- 0191-9016
- DOI
- 10.2307/1349189
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
The use of cash settlement as a method of settling futures contracts is a relatively new concept [ Rowsell and Purcell ( 1990)]. Historically, futures contracts were for commodities, and actual delivery was the most logical means of linking the futures contract with its underlying commodity. With th
## Ward n informal survey of industry participants during the summer of 1987 found that A the delivery specifications of the live cattle futures contract continue to represent an area of concern. Industry participants identified the following real or perceived delivery problems with the live cattl