OFOR Recent Professional Presentations

Pennings, J.M.E. and P. Garcia. (2004) “Strategic vs. Tactical Decisions: What Can Utility Functions Tell Us?” American Agricultural Economics Association Meetings. Denver, CO.

 

Mattos, F. and P. Garcia. (2004) “Price Discovery in Thinly Traded Markets: Cash and Futures Relationships in Brazilian and U.S. Agricultural Futures Markets.” Applied Commodity Price Forecasting and Risk Management Conference.  St. Louis, MO. 

 

Egelkraut, T.M. and P. Garcia. (2004) “A Forecast of Futures Prices in the Presence of Limit Moves.” Applied Commodity Price Forecasting and Risk Management Conference.  St. Louis, MO.

 

Garcia, P., R.M. Leuthold and T.M. Egelkraut. (2004) “Issues and Research Opportunities in Agricultural Futures Markets.” Invited key note presentation at the Symposium on Risk Management in Less Developed and More Developed Countries. Monash University, Melbourne, Australia.

 

Marsh, J.W., J.M.E. Pennings and P. Garcia. (2004) “Perceptions of Futures Market Liquidity:  An Empirical Study of CBOT and CME Traders.” Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Pennings, J.M.E., O. Isengildina, S.H. Irwin, P. Garcia, J.M. Frank and W.E. Kuiper. (2005) “Producers’ Complex Risk Management Decisions: What & Why?” American Agricultural Economics Association Meetings. Providence, RI.

 

Garcia, P. and J.M.E. Pennings. (2005) “What are the Influences of Risk Attitudes and Risk Perceptions on Actual Hedging Behavior?” Invited presentation at the CFTC.  Washington, DC.  

 

Pennings, J.M.E., O. Isengildina, S.H. Irwin, P. Garcia, J.M. Frank and W.E. Kuiper. (2005) “Producers’ Complex Risk Management Decisions: What & Why?” American Agricultural Economics Association Meetings. Providence, RI.

 

Egelkraut, T.M. and P. Garcia. (2005) “Intermediate Volatility Forecasts Using Implied Forward Volatility: The Performance of Selected Agricultural Commodity Options.” Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO. 

 

Woodard, J.D., T.M. Egelkraut, P. Garcia and J.M.E. Pennings. (2005) “Portfolio Diversification with Commodity Futures:  Leveraging Futures’ Unique Properties.” Applied Commodity Price Forecasting and Risk Management Conference.  St. Louis, MO.

 

Mattos, F., P. Garcia and C.H. Nelson. (2005) “Relaxing Standard Hedging Assumptions in the Presence of Downside Risk.” Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Dorfman, J.H., J.M.E. Pennings and P. Garcia. (2005) “Is Hedging a Habit? Hedging Ratio Determination of Cotton Producers.”  Applied Commodity Price Forecasting and Risk Management Conference.  St. Louis, MO. 

 

Frank, J.M. and P. Garcia. (2005) “Informational Inefficiency or Time-Varying Premium? Further Evidence in Agricultural Futures Markets.” Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Mattos, F., P. Garcia and J.M.E. Pennings. (2006) “Probability Distortion and Loss Aversion in Futures Hedging.”  Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Egelkraut, T.M., P. Garcia, B.J. Sherrick and J.M.E. Pennings. (2006) “Farmers’ Subjective Perceptions of Yield and Yield Risk.” Applied Commodity Price Forecasting and Risk Management Conference.  St. Louis, MO.

 

Franken, J.R.V., P. Garcia and S.H. Irwin. (2006) “Is Storage at a Loss Merely an Illusion of Data Aggregation?” Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Frank, J. and P. Garcia. (2006) “Estimating Liquidity Costs in Agricultural Futures Markets using Bayesian Methods.” American Agricultural Economics Association Meetings. Long Beach, CA.

 

Franken, J.V.R., P. Garcia and S.H. Irwin. (2006) “Do Interest Rates Explain Disaggregate Commodity Price Growth?” American Agricultural Economics Association Meetings. Long Beach, CA.

 

Kalogeras, N., J.M.E. Pennings and P. Garcia. (2006) “What Drives Strategic Behavior? A Framework to Explain and Predict Transition to Sustainable Production Systems.” American Agricultural Economics Association Meetings. Long Beach, CA.

 

Egelkraut, T.M., P. Garcia, B.J. Sherrick and J.M.E. Pennings. (2006) “Producers’ Yield and Yield Risk: Perceptions versus Reality and Crop Insurance Use.” American Agricultural Economics Association Meetings. Long Beach, CA.

 

Mattos, F., P. Garcia and J.M.E. Pennings. (2007) “Trader Behavior in Futures Markets:  Determinants and Implications.” Applied Commodity Price Forecasting and Risk Management Conference. Chicago, IL.

 

Sanders, D.R., P. Garcia and M.R. Manfredo. (2007) “Information Content in Deferred Futures Prices.” Applied Commodity Price Forecasting and Risk Management Conference. Chicago, IL.

 

Frank, J., P. Garcia and S.H. Irwin. (2007) “Surprise! Surprise! To What Surprises Do Hog Futures Markets Respond?” Applied Commodity Price Forecasting and Risk Management Conference. Chicago, IL.

 

Frank, J. and P. Garcia. (2007) “Measuring Liquidity Costs in Agricultural Futures Markets.” Applied Commodity Price Forecasting and Risk Management Conference. Chicago, IL.

 

Frank, J. and P. Garcia. (2007)  “Estimating Liquidity Costs in Agricultural Futures Markets: Conventional and Bayesian Approaches.” Joint ASA Statistical Meetings. Salt Lake City, UT. 

 

Woodard, J. and P. Garcia. (2007) “Spatial Aggregation and Weather Risk Management.” American Agricultural Economics Association Meetings. Portland, OR.

 

Good. D., S.H. Irwin and P. Garcia. (2007)  “The Performance of the Chicago Board of Trade Corn, Soybean, and Wheat Futures Contracts After 2005 Changes in Speculative Limits.” American Agricultural Economics Association Meetings. Portland, OR.

 

Woodard, J. and P. Garcia. (2007) “Basis Risk and Weather Hedging Effectiveness.”  European Association of Agricultural Economics Meetings. Berlin, Germany.

 

Frank, J. and P. Garcia. (2008) “Market Depth in Agricultural Futures Markets.” Accepted for presentation at the NCCR-134 conference on Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Frank, J., M. Gomez and P. Garcia. (2008) “Cash Settlement of Lean Hog Futures Contracts.” Accepted for presentation at the NCCR-134 conference on Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Mattos, F., P. Garcia and J.M.E. Pennings. (2008) “Dynamic Decision Making in Agricultural Futures and Options Markets.” Accepted for presentation at the  NCCR-134 conference on Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Franken, J., J.M.E. Pennings and P. Garcia. (2008) “Do Transaction Costs and Risk Preferences Influence Marketing Arrangements in the Illinois Hog Industry?” Accepted for presentation at the  NCCR-134 conference on Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.

 

Peterson, H., P. Garcia, S.H. Irwin and N. Auerlich. (2008) “Ethanol and Corn Price Volatility: Should We Be Concerned?” Accepted for presentation at the NCCR-134 conference on Applied Commodity Price Forecasting and Risk Management Conference. St. Louis, MO.