One of the key assumptions underlying futures and options markets is that futures prices are unbiased estimates of terminal prices and that volatility estimates inferred from put and call options are unbiased estimates of risk to the futures price. Because these principals are generally accepted, one can use the futures price and the option-implied volatility to estimate the distribution of the futures contract at expiration.
Secretary Perdue announces new OneUSDA Internship Program (Washington, D.C., December 4, 2018) Today, U.S. Secretary of Agriculture Sonny Perdue announced the “OneUSDA Internship” opportunity for Summer 2019. As part of
Read December 2018 Proof updates/changes before looking at the Proofs tomorrow https://www.uscdcb.com/wp-content/uploads/2018/12/Progress_requires_change_Dec2018.pdf Progress Requires Change December 2018 A great step of progress in dairy cattle improvement was taken with the