Agricultural futures and options

"In the high-risk, unpredictable industries of agriculture and agribusiness, the use of futures and options is as commonplace as seed and fertilizer. Producers use these securities to protect against risk while speculators are more than willing to assume those risks, hoping that price movements on the underlying products will translate into healthy trading profits for themselves.". "Agricultural Futures and Options provides invaluable information and advice to business-people on both sides of this equation, focusing on the influential North American and European markets. A host of agribusiness experts give you detailed explanations of the structure and workings of the agribusiness markets, covering everything from major grains and meats to coffee, cocoa, sugar, and soybeans. In addition, external factors that cause price uncertainty - from bureaucracy and weather to outright war - are examined in terms of their effects on food prices."--BOOK JACKET.