AEM 6410 - [Commodity Futures Markets]

Spring. (Weeks 8-14) 2 credits. Letter grades only.

Prerequisite: AEM 4110 and AEM 4150 or equivalents. Recommended prerequisite: AEM 6400.

W. G. Tomek.

Focuses on markets for agricultural futures contracts. Emphasizes models of price behavior on futures markets including relationships among cash and futures prices. These principles provide a foundation for a discussion of hedging, speculation, and public policy issues.