Identifying possible misspecification in South African soybean oil future contracts
Soybean crushing plants operate on a crush margin, which is the monetary difference between the combined sales value of mainly soybean meal and soybean oil and the cost of raw soybeans. However, given the high volatility in the prices of these three products, crushing plants normally secure these p...
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Language: | en |
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University of Pretoria
2021
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Online Access: | http://hdl.handle.net/2263/78175 |