(posted 4/1)
A book review on the history of futures markets: Review of Lambert.
(posted 3/30)
An online course on agricultural futures from the CME: Introduction to Futures.
And, in the spirit of making graduate study of agricultural economics unnecessary, a CME online course, Introduction to Agriculture.
(posted 3/26/18)
Two articles on the relationship between futures prices and price expectations:
Baumeister and Kilian on oil price expectations
Baumeister, Ellwanger, and Kiliain on ethanol
(posted 2/14/18)
What one version of marketing & processing looks like: Kraft Heinz Made Its Factories Really Efficient.
(posted 1/31/18)
(posted 1/29/18)
My answer to the homework question discussed in class:
What happens to the marketing margin with a shift in foreign supply?
(posted 1/28/18)
From Professor Michael Wohlgenant’s ECG 742 class:
- Lecture Notes for ECG 742, Consumption, Demand, and Market Interdependencies
- For Spring 2018, read chapter VI (pp. 103-136) on “Derived Demand and Price Spreads (Marketing Margins)”
(posted 1/21/18)
The U.S. Dept. of Agriculture Economic Research Service devotes considerable attention to marketing margins. The following links are from the ERS site:
- Price Spreads from Farm to Consumer
- See the tabs on the left: Overview, Background, Documentation, …
- Follow the Food Dollars
- a high-level graphic summary