Do Agricultural Commodity Firm Stock Price and Agricultural Commodity Price Move Together?

Francis Declerck


The research aims at explaining stock performance of processing companies as a function of commodity performance on commodity markets. The results show that stock prices of food companies do not significantly depend on agricultural market prices. So, risks of agricultural market price volatility cannot be hedged using food
firm stocks, whose markets are more liquid.


Commodity; Pricing; Agricultural Commodity; Stock Price; Hedging

Full Text:



ISSN 1869-6945


This work is licensed under a Creative Commons License