Basis variability in the feeder cattle contract before and after cash settlement

Relationships between the futures price, cash price, and U.S. Feeder Steer Price in the final eight weeks of trading on the feeder cattle futures contract were analyzed. Models were developed to examine continued problems with basis variability in the feeder cattle futures contract. The results of these models indicated that the change from physical delivery to cash settlement and the use of the U.S. Feeder Steer Price as a settlement index for the contract did not improve problems associated with basis variability.

Name thesis:degree_name

Master of Science

Level thesis:degree_level

masters

Discipline thesis:degree_discipline

Agricultural Economics

Department dc:contributor.department

Agricultural Economics

Grantor dc:publisher

Virginia Tech

Year dc:date.issued

1993

Author dc:creator

• Currin, Lisa Carol

Chairs dc:contributor.committeechair

• Purcell, Wayne D.
• Kenyon, David E.

Committee member dc:contributor.committeemember

• Peterson, Everett B.

Statement dc:rights

• In Copyright

Licence dc:rights.uri

• http://rightsstatements.org/vocab/InC/1.0/

Language dc:language.iso

en

Dc Identifier Other

etd-12162009-020236

OAI identifier oai:identifier

oai:vtechworks.lib.vt.edu:10919/46245