The Demise of the High Fructose Corn Syrup Contract: A Case Study

OFOR Working Paper No. 94-06

Posted: 15 Sep 1999

See all articles by Sarahelen Thompson

Sarahelen Thompson

Purdue University - Department of Agricultural Economics

Philip Garcia

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Lynne Dallafior

affiliation not provided to SSRN

Date Written: June 1994

Abstract

This paper focuses on the HFCS-55 industry and pricing practices, and the principal factors causing the demise of the HFCS-55 futures contract, which traded on the Minneapolis Grain Exchange between April 1987 and December 1988. Consideration is given to factors that promote and inhibit the success of a futures contract. Results from a survey of producers and commercial users of HFCS-55 are presented, and cash and futures market data are analyzed. Results suggest that if a contract is not well designed, or if there is little commercial demand for it, these failings will be quickly revealed in the futures market.

JEL Classification: G13, Q13

Suggested Citation

Thompson, Sarahelen and Garcia, Philip and Dallafior, Lynne, The Demise of the High Fructose Corn Syrup Contract: A Case Study (June 1994 ). OFOR Working Paper No. 94-06, Available at SSRN: https://ssrn.com/abstract=5889

Sarahelen Thompson (Contact Author)

Purdue University - Department of Agricultural Economics ( email )

West Lafayette, IN 47907-1145
United States

Philip Garcia

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

1301 W. Gregory Drive
427 Mumford Hall
Urbana, IL 61801
United States
217-333-0644 (Phone)
217-333-5538 (Fax)

Lynne Dallafior

affiliation not provided to SSRN

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