This chapter provides a selected review of research literature and contributions to commodity futures markets, focusing primarily on empirical studies. The topics featured include the development of intertemporal price relationships, hedging, price behavior and market efficiency, liquidity costs, and how the trading environment has been affected by fund behavior and the movement to electronic exchanges. Each theme is introduced by assessing the recent contributions. We then identify and motivate future research challenges for agricultural futures markets.
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)