Data/hora: 02/06/2024 04:55:41

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	Information Content in Deferred Futures Prices: Live Cattle and Hogs	
Autores: 	Sanders,   Dwight R.; Garcia,   Philip; Manfredo,   Mark R.	
Data: 	2008-06-26	
Ano: 	2007	
Palavras-chave: 	Forecast information; Forecast evaluation; Livestock futures.	
Resumo: 	The marginal forecast information contained in deferred futures prices is evaluated using the direct test of Vuchelen and Gutierrez. In particular, the informational role of deferred futures contracts in live cattle and hogs is assessed from the two- to twelve-month horizons. The results indicate that unique information is contained in live cattle futures prices out through the ten-month horizon, while hog futures prices add incremental information at all tested horizons. Practitioners using futures-based forecasting methods are well-served by deferred hog futures prices; however, live cattle futures listed beyond the 10 month horizon are not adding incremental information.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/37562	
Relação: 	NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management&gt;2007 Conference, April 16-17, 2007, Chicago, Illinois	
Formato: 	13