The war in the breadbasket of Europe, which spawned at the heels of the once‐in‐a‐lifetime
pandemic, sent major cereal prices spiralling upward. The unprecedented sequence of …

The empirical literature on the impacts of weather shocks on agricultural prices typically
explores post‐harvest price dynamics rather than pre‐harvest ones. Inspired by the intra …

Russia's invasion of Ukraine is a major shock at the heart of the breadbasket of Europe at a
time when global stocks are running short. With inelastic supply and demand for such basic …

Commodity‐equity return co‐movements rose dramatically during the Great Recession. This
development took place following what has been dubbed the “financialization” of commodity …

A large number of previous studies suggest that many USDA forecasts are biased and/or
inefficient. These findings, however, may be the result of the assumed loss function of USDA …

America's farms and farmers are integral to the US economy and, more broadly, to the
nation's social and cultural fabric. A healthy agricultural sector helps ensure a safe and …

Abstract In 2012, the Chicago Board of Trade eliminated a morning trading halt that
coincided with the normal publication time for important USDA commodity reports …

We conduct a comprehensive evaluation of the season‐average price projections for US
corn as published by the US Department of Agriculture's World Agricultural Supply and …

This article investigates the announcement effects of major USDA reports using intraday
Chicago Board of Trade corn futures prices and trading volume from the electronic trading …

Since 1993, the JRC has put in operation a crop monitoring and yield forecasting system for
Europe, the results of which are published in the JRC MARS Bulletin (currently every …