"Wholesale Beef Futures Contract" by Robert Stanley Thompson
 

Theses and Dissertations

Issuing Body

Mississippi State University

Advisor

Harri, Ardian

Committee Member

Park, Eunchun

Committee Member

Maples, Joshua G.

Date of Degree

8-10-2018

Document Type

Graduate Thesis - Open Access

Major

Agricultural Economics

Degree Name

Master of Science

College

College of Agriculture and Life Sciences

Department

Department of Agricultural Economics

Abstract

A wholesale beef futures contract has been suggested as a possible solution to recent problems in live cattle futures. However, it is uncertain whether the new futures contract will outperform the existing contract. In this research, I develop methods to derive a price series that is theoretically sound for a hypothetical futures contract. This allows for the evaluation of this hypothetical wholesale beef futures contract. I test these methods for validity using futures markets for hogs and find that they are similar in accuracy to a futures valuation model for existing futures. Then I derive a price series for this hypothetical wholesale beef futures contract and evaluate its effectiveness as a risk management tool.

URI

https://hdl.handle.net/11668/19820

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