Why does the research have to be done by the finance department?
The research being done at Indiana University & Purdue is a private group from the graduate programs being sponsored by retired Dr. Doster, Emeritus Agriculture Economics. Because of recent health issues the group is being student run. Dr. Doster is considered the father of modern day cost modeling that the USDA uses for maximizing profit per acre and minimizing costs for agriculture producers. Their research is focused on improving hedging and marketing techniques through price/volume research. Similar private studies are being run at OSU and Iowa State with the same focus.
Now before you start with your typical "dumb farmer" routine, remember that charting for grains, meats, softs or energies are read the same as the indices, metals or individual stocks.
My point is not to prove anything to you. That is an impossibility. You are not open to anything you didn't think of first. My only point is to make you aware that there are things in this industry that are going on that you are unaware of but information worth looking into.
