Contents
Preface 1
Foreword 7
1. Futures Trading and Speculation in Soybeans 9
1950
2. Soybean and Soybean Product Ceilings 19
1951
3. A Comment on Margin Requirements in Futures Trading 25
1951
4. Principles of Inventory and Risk Management 31
1951
5. Price Supports Should Be Lower! 43
1953
6. Prospects for Further Increase in Soybean Production 47
1954
7. A Comment on Mr. Blake's Paper 55
1954
8. Should CCC Initiate a Buying Program for Cottonseed and Soybean
Oils? 61
1955
9. Welfare Implications of Market Prices 71
1955
10. Futures Trading in Onions 81
1957
11. The Feed Grain Problem 93
1957
12. Market Potential for High-Protein Concentrates in Northwest
Europe 107
1958
13. Soybean Price Supports Should Be Reduced 113
1958
14. The Competitive Position of Soybeans 123
1959
15. Changes Needed in Futures Contracts 129
1959
16. Making Use of Basis Changes to Earn Income 141
1959
17. A Comment on Soybean Price Supports 167
1961
18. Agricultural Supply Management 171
1962
19. Lessons to Be Learned from Agricultural Policies of Other
Countries 183
1962
20. Elevator Adjustments to Corn Combines 197
1964
21. The Desirability of a Cattle Futures Market 215
1964
22. The Collins Letter: Tino De Angelis 221
1964
23. New Concepts in Futures Trading 227
1966
24. Statement to The Domestic Marketing and Consumer Relations
Subcommittee of The House Agriculture Committee 235
1966
25. Where Are We in Modernizing Our Grain Markets? 245
1969
26. Government and The Soybean Situation 253
1969
27. Commodity Speculation as An Investment Medium 259
1970
28. Futures Markets and Equity Capital 267
1971
29. Statement to The Domestic Marketing and Consumer Relations
Subcommittee of The House Agriculture Committee 279
1972
30. Note on The Soybean Price and Speculation 285
1973
31. A Note on Being a Commodity Registered Representative 293
1973
32. A Comment on Review of Futures Trading Legislation 315
1973
33. The Use of Fundamental Analysis and Price Forecasting 323
1973
34. Current Supply-Demand Situation for Food and Fiber 331
1974
35. Things Learned About Cattle Futures Trading 339
1974
36. A Defnition of Hedging for Administrative Purposes 347
1976
37. Designation of Delivery Points 359
1976
38. Toward a Defnition of Manipulation 367
1977
39. People with Orderly Minds Should Not Trade Commodities 381
1978
40. Survival and Change: Post World War II at The Chicago Board
of Trade 397
1982
41. Improving The Efciency of Commodity Futures Markets 413
1984
42. Letter to The Editor of Choices 423
1991
43. The Role of Futures Markets and Opportunities for OFOR 427
1993