Date of Award

12-1-2010

Degree Name

Master of Science

Department

Agribusiness Economics

First Advisor

Sanders, Dwight

Abstract

The purpose of the study was to compare the prices and show how the market information flows between the cash and future markets in India and the US. The data used for this study are obtained from the National Commodity and Derivatives Exchange and Chicago Board of Trade. Cointegration and error correction techniques are used to test for long and short run price linkages. It was found that there is a significant price linkage from one country to the other. There is a cross market interaction between India and US soybean markets. These linkages help to explain India oilseed policies and to understand the determinants of farmer prices.

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