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Lyster, N.V.; Lerohl, Mel L.; Unterschultz, James R.. |
Feed peas are relatively high in energy and protein and compete with other feed grains and protein crops in the livestock feed market. Prior to 1995, a futures market did not exist for this commodity. To meet industry demand for a hedging and forward pricing mechanism, the Winnipeg Commodity Exchange (WCE) introduced a feed pea futures contract in November 1995. This study investigates the Canadian feed pea market prior to and during the startup of this first WCE feed pea futures contract. In particular, the study explores whether the WCE could have conducted an analysis using then-existing data that would have assisted in the design and establishment of the futures contract. The primary research objective was to determine the ability of the Winnipeg feed... |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade; Risk and Uncertainty. |
Ano: 2001 |
URL: http://purl.umn.edu/45693 |
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