英文文献：The Potential Of Dairy Futures Contracts As Risk Management Tools
英文文献作者：Wolf, Christopher A.,Berwald, Derek K.
英文文献摘要：
We examine the young dairy futures market as a risk management tool. Using New York Board of Trade (NYBOT) data, we find that the BFP futures market is efficient and may potentially be a useful hedging tool. However, we also find that competition from Chicago Mercantile Exchange (CME) contracts has significant detrimental effects on the NYBOT dairy futures contracts. As a result NYBOT dairy futures contracts are likely to dry up.