The book serves as a comprehensive guide to the futures markets, detailing the functions and significance of futures and options, particularly in agriculture. It emphasizes how these financial instruments can help mitigate risks and enhance profitability for farmers and investors alike. Through its clear explanations, the book aims to equip readers with the knowledge needed to navigate and leverage the futures markets effectively.
In the second edition of this book, Michael Atkin examines the political and economic dynamics of the international trade, explaining to the reader how the industry works and producing an understanding of the many ironies that are apparent in the trade of this vital commodity. This edition also takes into account a number of recent developments that have affected, or promise to affect, the grain trade such as the collapse of the USSR and the completion of the Uruguay Round at GATT.