Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Publisher

Utah State University

Publication Date

3-1-1985

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

First Page

1

Last Page

43

Abstract

The markets for live cattle and hogs have several characteristics that are different from those of most commodities traditionally traded in futures markets. These differences influence the kind of market performance that can be expected and may limit the degree of price protection available through hedging. They relate to or affect such things as the comparability of cash and futures market positions, the pricequality relationship existing in the cash markets and concept of basis.

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