MANAGING OVERNIGHT CORN PRICE RISKS: E*HEDGING VERSUS TOKYO
| dc.creator | Leuthold, Raymond M. | |
| dc.creator | Kim, MinKyoung | |
| dc.date | 2017-04-01T19:26:38Z | |
| dc.date.accessioned | 2026-07-09T03:11:48Z | |
| dc.description | This study investigates whether U.S. corn merchants can effectively manage the overnight price risk of cash corn purchased after the Chicago Board of Trade closes at 1:15 p.m. on either the electronic Project A market or in the corn contract traded on the Tokyo Grain Exchange. While neither market provides a very effective alternative using traditional measures of analysis, e*hedging on Project A is more effective than hedging in Tokyo. Both could be very effective for those merchants in the market every day. However, trading of corn futures contracts on Project A remains thin and likely illiquid, limiting its usefulness. | |
| dc.identifier | doi:10.22004/ag.econ.14718 | |
| dc.identifier | https://ageconsearch.umn.edu/record/14718/files/18030275.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/14718 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/528254 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/14718 | |
| dc.title | MANAGING OVERNIGHT CORN PRICE RISKS: E*HEDGING VERSUS TOKYO | |
| dc.type | Text |