Bubbles, Food Prices, and Speculation: Evidence from the CFTC's Daily Large Trader Data Files
Chapter in NBER book The Economics of Food Price Volatility (2014), Jean-Paul Chavas, David Hummels, and Brian D. Wright, editors (p. 211 - 253)
---- Acknowledgements ----
This material is based upon work supported by Cooperative Agreement with the Economic
Research Service of the U.S. Department of Agriculture under Project No. 58-3000-8-0063.
---- Disclosure of Financial Relationships for Scott H. Irwin ----
I co-manage a family farm that transacts in grain markets.
I am a principal in a firm that provides grain yield forecasts to commodity market participants.
I have served as a compensated consultant for a financial firm that offers commodity index products to investors.