
It's All Speculation
Collected Writings on Markets and Trading
Hardcover | 22 February 2025
At a Glance
446 Pages
25.4 x 17.78 x 2.54
Hardcover
$70.27
or 4 interest-free payments of $17.57 with
orAims to ship in 7 to 10 business days
Unlock the Secrets of Agricultural Markets and Elevate Your Financial Game
Professor Thomas A. Hieronymus was a brilliant analyst of agricultural markets. His remarkable work on policy, prices, trade, and futures markets is accessible to the public for the first time in this collection. The book dives deeply into the intricacies of agricultural markets and futures trading during the 20th century, covering key aspects like speculation, government policies, market dynamics, and regulation. A comprehensive analysis of how these elements influenced the markets is provided. Author notes at the beginning of each chapter contain interesting and entertaining backstories.
- Explores the rapidly expanding market for soybeans and the impact of futures speculation on agricultural commodities.
- Analyzes governmental policies such as price controls and supports in the 1950s through the 1970s.
- Discusses advanced concepts like basis risk and hedging strategies for effective risk management.
- Covers case studies like the Tino De Angelis soybean oil scandal to highlight futures market manipulation and regulation.
By reading this book, you will gain invaluable knowledge about agricultural markets that will inform your analysis and trading decisions today. This understanding is crucial for financial growth and economic awareness. Written with uncommon style and wit, It's All Speculation is suitable for both novices and experts in the field.
Professor Hieronymus was a distinguished academic in agricultural economics, whose career at the University of Illinois spanned over four decades. You can glean a lifetime of market insights and set yourself up for success by reading this one-of-a-kind classic!
"It's All Speculation should be a cornerstone reference for all market regulators, agricultural policymakers, merchandisers, researchers, and traders."
-Dwight Sanders, Southern Illinois University
Industry Reviews
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
ISBN: 9798991214971
Published: 22nd February 2025
Format: Hardcover
Language: English
Number of Pages: 446
Audience: General Adult
Publisher: Ceres Books LLC
Dimensions (cm): 25.4 x 17.78 x 2.54
Weight (kg): 0.98
Shipping
Standard Shipping | Express Shipping | |
---|---|---|
Metro postcodes: | $9.99 | $14.95 |
Regional postcodes: | $9.99 | $14.95 |
Rural postcodes: | $9.99 | $14.95 |
How to return your order
At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.
Additional postage charges may be applicable.
Defective items
If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.
For more info please visit our Help Centre.
You Can Find This Book In

Investing with She's on the Money
Build your future wealth: from the creator of the #1 finance podcast
Paperback
RRP $32.99
$26.50
OFF

The Little Book of Common Sense Investing
The Only Way to Guarantee Your Fair Share of Stock Market Returns
Hardcover
RRP $44.95
$35.25
OFF

Rethink Property Investing, Fully Updated and Revised Edition
Become Financially Free with Commercial Property Investing
Paperback
RRP $32.95
$26.95
OFF

The World's Simplest Stock Picking Strategy
How to make money investing in the companies in your life
Paperback
RRP $36.99
$29.90
OFF

Online Investing on Australian Sharemarket
How to Research, Trade and Invest in Shares and Securities Online 5th Edition
Paperback
RRP $32.95
$23.75
OFF