Abstract
This article explores lead-lag relationships among daily cash prices of soybeans, soybean oil, and soybean meal. The article seeks to determine the impact of a change in one of these prices on the others. Results show changes in the cash price of soybeans have a greater effect on product prices than changes in product prices have on soybeans. Consequently, changes in soybean supply are the major cause of price fluctuations within the soybean complex.
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