9780578357973_

The classic and must-have book on the commodity futures market

For decades, Economics of Futures Trading has been known as the bible of the commodity futures market. This updated edition provides the foundation for everything you need to know in commodity basics and the economics of futures trading.

In this comprehensive and essential guide, Professor Hieronymus reveals secrets and wisdom attained from decades of hands-on experience and research in the field. His timeless insight provides the fundamentals necessary for trading in pursuit of profitswhether you are new to the world of commodity trading or experienced.

Dr. Hieronymus witty and engaging writing ushers you into the world of trading so you can attain success in these ever-growing markets. The underlying principles presented in this classic remain unchanged, and your understanding of all the complex concepts in futures trading will be enhanced, such as:

Operation and performance of the commodity market
Hedging and speculation
Historical developments
And much more

This remains the ultimate guide and go-to resource for anyone interested in the operation of commodity markets. Set yourself up for success as you navigate the complexity of the market by first gleaning from a gold mine of insight offered in this easy-to-digest classic.

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Unlock the Secrets of Futures Trading and Transform Your Financial Savvy

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

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