Economics of Futures Trading: For Commercial and Personal Profit

Economics of Futures Trading takes you on a deep dive into the world of commodity futures trading, from its historical beginnings to its modern intricacies. Readers will learn about the mechanics, regulations, and economic impacts of futures markets. The book provides a solid foundation in trading terms and processes, making complex concepts accessible. This updated edition provides the foundation for everything you need to know about commodity futures markets.

• Understand the historical development of futures markets.
• Learn the mechanics and regulations governing futures trading.
• Gain insights into the roles of various market participants.
• Discover the impact of market manipulation and speculation.

By reading this book, you will gain the knowledge to make informed trading decisions and navigate the futures market with confidence. This understanding is crucial for financial growth and economic awareness. Written in a witty and engaging style, Economics of Futures Trading is suitable for both novices and experts in the field.

Dr. Thomas A. Hieronymus was a renowned scholar in agricultural economics and a legendary teacher at the University of Illinois. This remains the ultimate guide and go-to resource for anyone interested in commodity futures markets. Set yourself up for success as you glean from the gold mine of insights offered in this easy-to-digest classic!

Winner of the Award for Publication of Enduring Quality from the American Agricultural Economics Association

"...one of the best books ever written about commodity futures markets and commodity marketing."
-Fabio Mattos, University of Nebraska

"...an indispensable book for anyone interested in the operation of commodity markets. Highly recommended."
-Michael Adjemian, University of Georgia

"...a gold mine of insights gleaned after decades of working with traders, grain merchandisers, commodity exchanges, and academics. ... In each area, Dr. Hieronymus provides insights through a witty and accessible writing style. This is a 'must have' book for anyone involved in the futures markets."
-Dwight Sanders, Southern Illinois University