Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?

The research aims at explaining stock performance of processing companies as a function of commodity performance on commodity markets. The results show that stock prices of food companies do not significantly depend on agricultural market prices. So, risks of agricultural market price volatility can...

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Bibliographic Details
Main Author: Francis Declerck
Format: Article
Language:English
Published: CentMa 2014-10-01
Series:International Journal on Food System Dynamics
Subjects:
Online Access:http://centmapress.ilb.uni-bonn.de/ojs/index.php/fsd/article/view/424
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author Francis Declerck
author_facet Francis Declerck
author_sort Francis Declerck
collection DOAJ
description The research aims at explaining stock performance of processing companies as a function of commodity performance on commodity markets. The results show that stock prices of food companies do not significantly depend on agricultural market prices. So, risks of agricultural market price volatility cannot be hedged using food<br />firm stocks, whose markets are more liquid.
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spelling doaj.art-2a96830a9e604826811a9faf15f6a6602022-12-21T19:22:04ZengCentMaInternational Journal on Food System Dynamics1869-69452014-10-0153120129359Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?Francis Declerck0ESSEC Business School Paris‐SingaporeThe research aims at explaining stock performance of processing companies as a function of commodity performance on commodity markets. The results show that stock prices of food companies do not significantly depend on agricultural market prices. So, risks of agricultural market price volatility cannot be hedged using food<br />firm stocks, whose markets are more liquid.http://centmapress.ilb.uni-bonn.de/ojs/index.php/fsd/article/view/424CommodityPricingAgricultural CommodityStock PriceHedging
spellingShingle Francis Declerck
Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
International Journal on Food System Dynamics
Commodity
Pricing
Agricultural Commodity
Stock Price
Hedging
title Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
title_full Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
title_fullStr Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
title_full_unstemmed Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
title_short Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?
title_sort do agricultural commodity firm stock price and agricultural commodity price move together
topic Commodity
Pricing
Agricultural Commodity
Stock Price
Hedging
url http://centmapress.ilb.uni-bonn.de/ojs/index.php/fsd/article/view/424
work_keys_str_mv AT francisdeclerck doagriculturalcommodityfirmstockpriceandagriculturalcommoditypricemovetogether