1. Agricultural commodities price dependence on Brazilian financial market
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Casagranda, Yasmin Gomes (author), Casarotto, Eduardo Luis (author), Pereira, Gênesis Migue (author), Amorin, Anderson Luís Walker (author), Schollkopf, Joana Cechele (author), and Mores, Giana de Vargas (author)
- Format:
- Journal article
- Publication Date:
- 2023-01
- Published:
- Germany: CENTMA Research
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 205 Document Number: D12753
- Journal Title:
- International Journal on Food System Dynamics
- Journal Title Details:
- Vol. 14, N.1
- Notes:
- 7 pages, This study aims to identify whether there is dependence between agricultural commodities traded on the Brazilian market. We used the bivariate copula method over a ten-year period to assess the extreme effects on the returns of the following commodities: soybean, wheat, Arabica coffee, and Robusta coffee. The relationship directly affects the dependence between Arabica and Robusta coffees commodities. While the relationship between wheat, Arabica and Robusta coffees, and soybean is positively dependent. Economic growth, market dynamics, and the prices of an agricultural commodity tend to increase the price of other commodities.