Do Futures Prices Help Forecast Spot Prices? Evidence from China’s New Live Hog Futures
China, the largest hog producer and consumer globally, has long experienced significant fluctuations in hog prices, partly due to the lack of rational expectations for future hog spot prices. However, on 8 January 2021, China’s first futures in animal husbandry, the live hog futures, were listed on...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-08-01
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| Series: | Agriculture |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2077-0472/13/9/1663 |