Performance of the live cattle futures contract: basis and forward-pricing behavior

Extract: This report is concerned with the performance of the futures market for live cattle contracts. There has been considerable discontent with trading in live and feeder cattle futures on the Chicago Mercantile Exchange (CME). Manipulation, concentration of market power and cash-futures prices...

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Bibliographic Details
Published inA.E. Res. - New York State College of Agriculture and Life Sciences
Main Authors Barton B.W, Tomek W.G
Format Book
LanguageEnglish
Published 1984
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Summary:Extract: This report is concerned with the performance of the futures market for live cattle contracts. There has been considerable discontent with trading in live and feeder cattle futures on the Chicago Mercantile Exchange (CME). Manipulation, concentration of market power and cash-futures prices schemes have been alleged and futures prices are thought to be biased and inefficient.
Bibliography:E
E70