It's All Speculation: Collected Writings on Markets and Trading

Unlock the Secrets of Agricultural Markets and Elevate Your Financial Game

Professor Thomas A. Hieronymus was a brilliant analyst of agricultural markets. His remarkable work on policy, prices, trade, and futures markets is accessible to the public for the first time in this collection. The book dives deeply into the intricacies of agricultural markets and futures trading during the 20th century, covering key aspects like speculation, government policies, market dynamics, and regulation. A comprehensive analysis of how these elements influenced the markets is provided. Author notes at the beginning of each chapter contain interesting and entertaining backstories.

  • Explores the rapidly expanding market for soybeans and the impact of futures speculation on agricultural commodities.
  • Analyzes governmental policies such as price controls and supports in the 1950s through the 1970s.
  • Discusses advanced concepts like basis risk and hedging strategies for effective risk management.
  • Covers case studies like the Tino De Angelis soybean oil scandal to highlight futures market manipulation and regulation.

By reading this book, you will gain invaluable knowledge about agricultural markets that will inform your analysis and trading decisions today. This understanding is crucial for financial growth and economic awareness. Written with uncommon style and wit, It's All Speculation is suitable for both novices and experts in the field.

Professor Hieronymus was a distinguished academic in agricultural economics, whose career at the University of Illinois spanned over four decades. You can glean a lifetime of market insights and set yourself up for success by reading this one-of-a-kind classic!

"It's All Speculation should be a cornerstone reference for all market regulators, agricultural policymakers, merchandisers, researchers, and traders."

-Dwight Sanders, Southern Illinois University

1146945305
It's All Speculation: Collected Writings on Markets and Trading

Unlock the Secrets of Agricultural Markets and Elevate Your Financial Game

Professor Thomas A. Hieronymus was a brilliant analyst of agricultural markets. His remarkable work on policy, prices, trade, and futures markets is accessible to the public for the first time in this collection. The book dives deeply into the intricacies of agricultural markets and futures trading during the 20th century, covering key aspects like speculation, government policies, market dynamics, and regulation. A comprehensive analysis of how these elements influenced the markets is provided. Author notes at the beginning of each chapter contain interesting and entertaining backstories.

  • Explores the rapidly expanding market for soybeans and the impact of futures speculation on agricultural commodities.
  • Analyzes governmental policies such as price controls and supports in the 1950s through the 1970s.
  • Discusses advanced concepts like basis risk and hedging strategies for effective risk management.
  • Covers case studies like the Tino De Angelis soybean oil scandal to highlight futures market manipulation and regulation.

By reading this book, you will gain invaluable knowledge about agricultural markets that will inform your analysis and trading decisions today. This understanding is crucial for financial growth and economic awareness. Written with uncommon style and wit, It's All Speculation is suitable for both novices and experts in the field.

Professor Hieronymus was a distinguished academic in agricultural economics, whose career at the University of Illinois spanned over four decades. You can glean a lifetime of market insights and set yourself up for success by reading this one-of-a-kind classic!

"It's All Speculation should be a cornerstone reference for all market regulators, agricultural policymakers, merchandisers, researchers, and traders."

-Dwight Sanders, Southern Illinois University

7.99 In Stock
It's All Speculation: Collected Writings on Markets and Trading

It's All Speculation: Collected Writings on Markets and Trading

by Thomas A. Hieronymus
It's All Speculation: Collected Writings on Markets and Trading

It's All Speculation: Collected Writings on Markets and Trading

by Thomas A. Hieronymus

eBook

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Overview

Unlock the Secrets of Agricultural Markets and Elevate Your Financial Game

Professor Thomas A. Hieronymus was a brilliant analyst of agricultural markets. His remarkable work on policy, prices, trade, and futures markets is accessible to the public for the first time in this collection. The book dives deeply into the intricacies of agricultural markets and futures trading during the 20th century, covering key aspects like speculation, government policies, market dynamics, and regulation. A comprehensive analysis of how these elements influenced the markets is provided. Author notes at the beginning of each chapter contain interesting and entertaining backstories.

  • Explores the rapidly expanding market for soybeans and the impact of futures speculation on agricultural commodities.
  • Analyzes governmental policies such as price controls and supports in the 1950s through the 1970s.
  • Discusses advanced concepts like basis risk and hedging strategies for effective risk management.
  • Covers case studies like the Tino De Angelis soybean oil scandal to highlight futures market manipulation and regulation.

By reading this book, you will gain invaluable knowledge about agricultural markets that will inform your analysis and trading decisions today. This understanding is crucial for financial growth and economic awareness. Written with uncommon style and wit, It's All Speculation is suitable for both novices and experts in the field.

Professor Hieronymus was a distinguished academic in agricultural economics, whose career at the University of Illinois spanned over four decades. You can glean a lifetime of market insights and set yourself up for success by reading this one-of-a-kind classic!

"It's All Speculation should be a cornerstone reference for all market regulators, agricultural policymakers, merchandisers, researchers, and traders."

-Dwight Sanders, Southern Illinois University


Product Details

ISBN-13: 9798991214988
Publisher: Ceres Books LLC
Publication date: 02/22/2025
Sold by: Barnes & Noble
Format: eBook
Pages: 444
File size: 22 MB
Note: This product may take a few minutes to download.

Table of Contents

Contents

Preface 1

Foreword 7

1. Futures Trading and Speculation in Soybeans 9

1950

2. Soybean and Soybean Product Ceilings 19

1951

3. A Comment on Margin Requirements in Futures Trading 25

1951

4. Principles of Inventory and Risk Management 31

1951

5. Price Supports Should Be Lower! 43

1953

6. Prospects for Further Increase in Soybean Production 47

1954

7. A Comment on Mr. Blake's Paper 55

1954

8. Should CCC Initiate a Buying Program for Cottonseed and Soybean

Oils? 61

1955

9. Welfare Implications of Market Prices 71

1955

10. Futures Trading in Onions 81

1957

11. The Feed Grain Problem 93

1957

12. Market Potential for High-Protein Concentrates in Northwest

Europe 107

1958

13. Soybean Price Supports Should Be Reduced 113

1958

14. The Competitive Position of Soybeans 123

1959

15. Changes Needed in Futures Contracts 129

1959

16. Making Use of Basis Changes to Earn Income 141

1959

17. A Comment on Soybean Price Supports 167

1961

18. Agricultural Supply Management 171

1962

19. Lessons to Be Learned from Agricultural Policies of Other

Countries 183

1962

20. Elevator Adjustments to Corn Combines 197

1964

21. The Desirability of a Cattle Futures Market 215

1964

22. The Collins Letter: Tino De Angelis 221

1964

23. New Concepts in Futures Trading 227

1966

24. Statement to The Domestic Marketing and Consumer Relations

Subcommittee of The House Agriculture Committee 235

1966

25. Where Are We in Modernizing Our Grain Markets? 245

1969

26. Government and The Soybean Situation 253

1969

27. Commodity Speculation as An Investment Medium 259

1970

28. Futures Markets and Equity Capital 267

1971

29. Statement to The Domestic Marketing and Consumer Relations

Subcommittee of The House Agriculture Committee 279

1972

30. Note on The Soybean Price and Speculation 285

1973

31. A Note on Being a Commodity Registered Representative 293

1973

32. A Comment on Review of Futures Trading Legislation 315

1973

33. The Use of Fundamental Analysis and Price Forecasting 323

1973

34. Current Supply-Demand Situation for Food and Fiber 331

1974

35. Things Learned About Cattle Futures Trading 339

1974

36. A Defnition of Hedging for Administrative Purposes 347

1976

37. Designation of Delivery Points 359

1976

38. Toward a Defnition of Manipulation 367

1977

39. People with Orderly Minds Should Not Trade Commodities 381

1978

40. Survival and Change: Post World War II at The Chicago Board

of Trade 397

1982

41. Improving The Efciency of Commodity Futures Markets 413

1984

42. Letter to The Editor of Choices 423

1991

43. The Role of Futures Markets and Opportunities for OFOR 427

1993

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