Back to the Futures: Crashing Dirt Bikes, Chasing Cows, and Unraveling the Mystery of Commodity Futures Markets - Softcover

Irwin, Scott; Peterson, Doug

Softcover

ISBN 13: 9798218121938

Publisher: Ceres Books, 2023

Synopsis

Cracking the code of commodity futures markets

Many people believe that a background in economics is required to understand commodity futures markets. But what if you could learn how these markets work—and have fun while doing it? Introducing Back to the Futures, a book that provides a unique perspective on the world of commodity futures markets, shaped by the personal experiences and professional insights of Dr. Scott Irwin, a leading expert in the field. Readers will learn about the role of speculators, price discovery, the evolution of trading practices, the impact of regulatory measures, the transition from open outcry to electronic trading, commodity investments, and much more. A storytelling format is used throughout that is sure to keep you entertained.

• Experience the author's journey from a farm boy in Iowa to a renowned agricultural economist.
• Gain an inside look into the world of commodity futures trading, with a special focus on the role of speculators.
• Learn from other industry experts, such as Terry Duffy, CEO of the CME Group, the largest futures exchange in the world, and Leo Melamed, the man who revolutionized futures markets with electronic trading.
• Discover why it is essential to understand futures markets, whether you are talking about soybeans, cattle, or the largest market of them all—crude oil.
• Take a front-row seat as the author defends commodity futures markets during the 2008 economic crisis.

Readers of Back to the Futures will gain a rich understanding of commodity futures markets that informs their own trading decisions and investment perspectives. This book is suitable for both novices and experts in the field.

Dr. Scott Irwin, a global thought leader in agricultural economics, has been studying, teaching, and participating in the world of commodity futures since growing up on his family farm in Iowa. His expertise and captivating storytelling abilities make him the ideal guide for this unforgettable journey through the world of commodity trading.

This memoir-meets-economics book has received the following awards:

• 2024 Finalist for the Eric Hoffer Award for Excellence in Independent Publishing
• 2024 Semi-Finalist for the Book Life Prize in Business and Personal Finance
• 2023 Long List Selection for Inc. Magazine’s Non-Obvious Book Awards

About this title

About the Authors

Dr. Scott H. Irwin, the Laurence J. Norton Chair of Agricultural Marketing at the University of Illinois, is a renowned global thought leader in agricultural economics and a multi-published author of commodity books. His research on commodity markets is highly respected and sought-after by academics, farmers, and industry experts, earning him media interviews with major outlets like The Wall Street Journal and The New York Times.With over 40,000 followers on social media, Dr. Irwin is the most followed agricultural economist worldwide. He's best known for his work on commodity market speculation and biofuel policy, actively participating in global debates and testifying before prestigious institutions.In addition, his vision and leadership are a driving force behind innovative agricultural extension programs, including the award-winning farmdoc project, known as the "Wall Street Journal of ag business." Dr. Irwin's extensive honors and accolades attest to his impact in the field.A lifelong fascination with commodity markets led him to write Back to the Futures, among other books on commodity markets.

Doug Peterson is the award-winning author of 74 books, including six historical novels and over 40 children's books for VeggieTales. Doug's Amazon best-selling Underground Railroad series includes three novels based on real people and true stories--"The Vanishing Woman," "The Disappearing Man," and "The Tubman Train." His newest series, the Civil War series, features two books--"The Lincoln League" and "The Dixie Devil." In addition to his novels, Doug authored 42 books in the popular VeggieTales series."The Slobfather" won the 2004 Gold Medallion Award for preschool books, and he was co-storywriter for the best-selling video, "Larry-Boy and the Rumor Weed." He also has co-written several books, including "Of Moose and Men" and "The Call of the Mild" with Torry Martin. Most recently, he collaborated with Zach and Alison Zehnder on "The Red Letter Challenge Kids," Being Challenge Kids," and "Forgiving Challenge Kids." He was also head writer for the team that produced six comic books in the Legends of Lightfall series.In 2019, Doug wrote his first full-length play, "Friends Indeed!," which is about the improbable friendship between Benjamin Franklin and the evangelist George Whitefield. It had two well-received performances before Covid struck. Doug has also written for the University of Illinois for over 40 years, covering everything from engineering and agriculture to chemistry and history. His popular short story, "The Career of Horville Sash," was made into a music video featuring Grammy-winner Jennifer Warnes, and he even co-wrote "Roman Ruins," an episode in the bestselling line of How to Host a Murder party games.

Edition details

• Publisher: Ceres Books
• Publication date: 2023
• Language: English
• ISBN 13: 9798218121938
• Binding: Paperback
• Number of pages: 368