Deconstructing Wheat Price Spikes: A Model of Supply and Demand, Financial Speculation, and Commodity Price Comovement. Janzen, J., Carter, C. A, Smith, A., & Adjemian, M. USDA-ERS Economic Research Report, 2014.
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Paper abstract bibtex
Paper abstract bibtex In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and non-agricultural commodities. This study uses an econometric model to explain the influence of various factors, including passive speculation by large traders, on wheat prices. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes.
@article{janzen2014deconstructing,
title={Deconstructing Wheat Price Spikes: A Model of Supply and Demand, Financial Speculation, and Commodity Price Comovement},
author={Janzen, Joseph and Carter, Colin A and Smith, Aaron and Adjemian, Michael},
journal={USDA-ERS Economic Research Report},
number={165},
year={2014},
url={https://www.ers.usda.gov/publications/pub-details/?pubid=45202},
abstract={In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and non-agricultural commodities. This study uses an econometric model to explain the influence of various factors, including passive speculation by large traders, on wheat prices. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes.},
keywords={commodities}
}Downloads: 0
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J.","Carter, C. A","Smith, A.","Adjemian, M."],"bibdata":{"bibtype":"article","type":"article","title":"Deconstructing Wheat Price Spikes: A Model of Supply and Demand, Financial Speculation, and Commodity Price Comovement","author":[{"propositions":[],"lastnames":["Janzen"],"firstnames":["Joseph"],"suffixes":[]},{"propositions":[],"lastnames":["Carter"],"firstnames":["Colin","A"],"suffixes":[]},{"propositions":[],"lastnames":["Smith"],"firstnames":["Aaron"],"suffixes":[]},{"propositions":[],"lastnames":["Adjemian"],"firstnames":["Michael"],"suffixes":[]}],"journal":"USDA-ERS Economic Research Report","number":"165","year":"2014","url":"https://www.ers.usda.gov/publications/pub-details/?pubid=45202","abstract":"In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and non-agricultural commodities. This study uses an econometric model to explain the influence of various factors, including passive speculation by large traders, on wheat prices. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes.","keywords":"commodities","bibtex":"@article{janzen2014deconstructing,\r\n title={Deconstructing Wheat Price Spikes: A Model of Supply and Demand, Financial Speculation, and Commodity Price Comovement},\r\n author={Janzen, Joseph and Carter, Colin A and Smith, Aaron and Adjemian, Michael},\r\n journal={USDA-ERS Economic Research Report},\r\n number={165},\r\n year={2014},\r\n\turl={https://www.ers.usda.gov/publications/pub-details/?pubid=45202},\r\n\tabstract={In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and non-agricultural commodities. This study uses an econometric model to explain the influence of various factors, including passive speculation by large traders, on wheat prices. Findings show that market-specific shocks related to supply and demand for wheat were the dominant cause of price spikes.},\r\n\tkeywords={commodities}\r\n}\r\n\r\n\r\n\r\n","author_short":["Janzen, J.","Carter, C. 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