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Options, Futures, and Agricultural Commodity Programs: Symposium Proceedings

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  • Wright, Bruce H.

Abstract

Forward markets for agricultural commodities have coexisted with farm programs for more than 50 years.' The Food Security Act of 1985 required the U.S. Department of Agriculture to investigate how farmers might use forward markets to gain price stability and income protection, the extent of such stability and protection they might reasonably expect, and the Federal budgetary impact of widespread use of such markets by farmers. In May 1987, the Economic Research Service, USDA, cosponsored a symposium with the Commodity Futures Trading Commission and the Farm Foundation. The purpose was to gather additional insight from industry leaders and the academic community into the relationships, both competitive and complementary, that exist between forward markets and farm programs. Substance of that symposium is reported here

Suggested Citation

  • Wright, Bruce H., 1988. "Options, Futures, and Agricultural Commodity Programs: Symposium Proceedings," Staff Reports 277992, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277992
    DOI: 10.22004/ag.econ.277992
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    References listed on IDEAS

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    1. Myles J. Watts & Larry J. Held & Glenn A. Helmers, 1984. "A Comparison of Target MOTAD to MOTAD," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 32(1), pages 175-186, March.
    2. Heifner, R.G. & Plato, G., 1986. "The Efficiency Of Options Compared To, Fixed Price Contracts For Shifting Revenue Risk In Crop Production," 1986 Annual Meeting, July 27-30, Reno, Nevada 278169, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    1. Asplund, Nathan M. & Forster, D. Lynn & Stout, Thomas T., 1989. "Participation By Farmers In Forward Contracting And Hedging," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270516, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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