Co‐movement between futures prices can arise when commodities are substitutes.
Counterintuitively, Dawson and White fail to find a significant long‐run link between feed …

This paper investigates alternative explanations of long-term comovements among the
prices of agricultural commodity futures contracts. A long-term interdependency of these …

The purpose of this paper is to investigate the relationship between US and Canadian wheat
futures prices in order to analyse the degree of information spillover between the futures …

Booth and Ciner find that the prices of commodity futures traded on the Tokyo Grain
Exchange (TGE) do not move together in the long run. This study analyses whether their …

This paper investigates the claim that the finding of cointegration between commodity spot
and lagged futures rates reflects the existence of commodity arbitrage and not, as is …

Interdependencies between commodity prices can arise from the impact of changing
macroeconomic variables, from complementarities or substitutabilities between …

This paper examines daily data on exchange rates and the prices of three commodities
traded on the Winnipeg Commodity Exchange. The temporal patterns of commodity prices …

An Examination of Cointegration Relations between Futures and Local Grain Markets Page 1
An Examination of Cointegration Relations between Futures and Local Grain Markets T …

This paper examines price relationships in the international wheat market for the years 1981–
93 using a cointegration and error correction approach. Price series are found to be first …

In 2008–10, Russia and Ukraine together exported an average of 29 million tons of wheat
per year, and have become important players in the international wheat market. This …