This paper documents the change observed in the price dynamics of some food staples (corn and soybeans) since 2006. Since then, both crop prices are related to oil prices in the long run, and in the short run are more affected by oil price shocks.
Source: IMF Paper
One of the most important is commodity prices process,
usually employed for pricing futures contracts and valuation of projects. In general, commodities are traded in futures markets and spot prices can not be observed. These are estimated on the basis of futures prices.
Source: IMF Paper
One of the most important is commodity prices process,
usually employed for pricing futures contracts and valuation of projects. In general, commodities are traded in futures markets and spot prices can not be observed. These are estimated on the basis of futures prices.