Now that the dust has settled, what is driving the cattle market?
It appears that the roller coaster cattle market that started in 2011 has come close…
Author Eric Belasco
Eric Belasco
Eric Belasco is an Associate Professor in the Department of Agricultural Economics and Economics at Montana State University. He received both his M.S. and Ph.D. in Economics from North Carolina State University in 2005 and 2007, respectively. He conducts research in the areas of agricultural marketing, risk management, farm policy, and financial engineering. Examples of this research include evaluations into grid pricing risk, the use of forward contracts in mitigating profit risk, modeling revenue risk in cattle production, and characterizing the link between weather and production indicators.
The role of financial engineering in agriculture
For much of the public, financial engineering was the main culprit in the recent financial…