Results :: Search Electronic Theses and Dissertations (ETDs)

Satellite Production Forecasts: Valued with Simulated Futures and Options Trading: Author: Martin, Lucanus Earl; Date: 2005-12-15; Program: Applied Economics; Abstract: Both the USDA and private firms are allocating substantial capital towards providing accurate and timely crop production forecasts. Production forecasts based on satellite imagery have been suggested as a means of making forecasts earlier, more frequent, and cheaper. This thesis attempts to determine if satellite data increases information with respect to crop condition and final production. If so, does the additional information have value and can it be used to make profitable trades in the futures market? These questions are answered using NDVI data for Iowa and Illinois. Jackknifed out-of-s...; Download File | View full details