ECON 4370: Commodity Marketing and Risk Management
Credits: 3. Contact Hours: Lecture 3.
Prereq: ECON 2350 AND ECON 3010 AND (ECON 2710 or STAT 3260)
The purpose and performance of commodity markets. How commodity marketing institutions function. Merchandising arrangements. Distinguishing features of agricultural commodities. Hedging, arbitrage, and speculation in commodity spot, forward, futures, and options markets. Valuation theory.