June 22, 2018

Speculation and Prices

As the market prices of some commodities have increased recently, issues associated with “market speculation” have arisen.

An academic report released this month by Dwight R. Sanders, Scott H. Irwin, and Robert P. Merrin, entitled, “The Adequacy of Speculation in Agricultural Futures Markets: Too Much of a Good Thing?” provided a more rigorous look at some of the variables surrounding this issue.