Physical Grain Trading: Core Concepts and Real-World Scenarios
暫譯: 實體穀物交易:核心概念與實務案例
DeLong, Chris, McKenzie, Andrew, Meierotto, Thomas
- 出版商: Springer
- 出版日期: 2025-06-28
- 售價: $6,840
- 貴賓價: 9.8 折 $6,703
- 語言: 英文
- 頁數: 305
- 裝訂: Hardcover - also called cloth, retail trade, or trade
- ISBN: 3031839749
- ISBN-13: 9783031839740
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相關分類:
程式交易 Trading
海外代購書籍(需單獨結帳)
相關主題
商品描述
This book offers a comprehensive exploration of essential concepts and advanced strategies in the grain industry. Authored by professionals with decades of experience in grain trading, this book introduces core concepts such as hedging, basis trading, arbitrage, and counterparty risk, making it an essential read for novices. The topics covered include storage, futures trading mechanics, and the path of grain from farm to end-user.
Unlike other resources, this book goes beyond introductory concepts, addressing real-world scenarios and advanced strategies in detail. The methodology employed in crafting this guide combines practical experience with academic rigor, ensuring that readers gain actionable knowledge. The book covers a broad range of topics, and its impact is profound, bridging the gap between theory and practice and empowering market participants to make informed decisions. This book contributes significantly to both research and practice, offering a holistic understanding of the physical grain trade and its broader market implications. It is intended to be used primarily by early-career practitioners and as a comprehensive text for University commodity risk management courses.
商品描述(中文翻譯)
這本書全面探討了穀物產業中的基本概念和進階策略。由擁有數十年穀物交易經驗的專業人士撰寫,本書介紹了對新手來說至關重要的核心概念,如對沖(hedging)、基差交易(basis trading)、套利(arbitrage)和對手風險(counterparty risk)。所涵蓋的主題包括儲存、期貨交易機制,以及穀物從農場到最終用戶的過程。
與其他資源不同,本書不僅僅停留在入門概念上,而是詳細探討了現實世界的情境和進階策略。撰寫本指南的方法論結合了實踐經驗與學術嚴謹性,確保讀者獲得可行的知識。本書涵蓋了廣泛的主題,其影響深遠,彌合了理論與實踐之間的鴻溝,並使市場參與者能夠做出明智的決策。本書對研究和實踐均有重要貢獻,提供了對實體穀物貿易及其更廣泛市場影響的全面理解。它主要供早期職業從業者使用,並作為大學商品風險管理課程的綜合教材。
作者簡介
Dr. Christopher DeLong brings over a decade of experience in agriculture and finance at The DeLong Co., Inc., where he currently serves as President and Investment Committee Chair. With a passion for specialty grains and oilseeds, he has spearheaded innovative programs while actively contributing to industry development through board memberships, including the Federal Reserve Beige Book Advisory Board. Dr. DeLong's expertise extends to risk management, calendar spread management, and branding strategies, reflecting his commitment to driving growth and sustainability in the agricultural sector.
Andy McKenzie is a professor in the Department of Agricultural Economics and Agribusiness at the University of Arkansas. He holds the Fryar Endowed Chair and is Associate Director of the Fryar Price Risk Management Center of Excellence. He is an internationally recognized expert in price risk management, futures and options markets, grain marketing and applied time series analysis. He was co-editor of the Journal of Agricultural and Applied Economics.
Thomas Meierotto brings nearly 20 years of expertise in risk management at R.J. O'Brien, specializing in grain markets. His clients include grain elevators, ethanol plants, soybean processors, and farmers. Among Meierotto's focuses are market intelligence, calendar spreads, market strategies, client relations and speaking. He actively participates in industry conferences and serves on the National Grain & Feed Association's Risk Management Committee.
作者簡介(中文翻譯)
克里斯多福·德隆博士在The DeLong Co., Inc.擁有超過十年的農業和金融經驗,目前擔任總裁及投資委員會主席。對於特殊穀物和油籽充滿熱情,他主導了創新計畫,並透過擔任董事會成員積極貢獻於行業發展,包括聯邦儲備系統的《米色書》諮詢委員會。德隆博士的專業知識涵蓋風險管理、日曆價差管理和品牌策略,反映出他對推動農業部門增長和可持續性的承諾。
安迪·麥肯齊是阿肯色大學農業經濟與農業商業系的教授。他擔任Fryar基金會講座教授,並是Fryar價格風險管理卓越中心的副主任。他是國際公認的價格風險管理、期貨和選擇權市場、穀物行銷及應用時間序列分析的專家。他曾擔任《農業與應用經濟學期刊》的共同編輯。
托馬斯·梅耶羅托在R.J. O'Brien擁有近20年的風險管理專業知識,專注於穀物市場。他的客戶包括穀物升降機、乙醇廠、大豆加工廠和農民。梅耶羅托的重點包括市場情報、日曆價差、市場策略、客戶關係和演講。他積極參加行業會議,並在全國穀物與飼料協會的風險管理委員會任職。