The effects of changes in weather, especially extremes in weather, are an inseparable part of seasonal effects. Without weather, the price of an agricultural commodity would lack the surprises that cause them to jump around during the growing period. Once planted, you would have a very good idea of the expected supply; one half of [...]
Archive of posts tagged Patterns
THE SEASONAL PATTERN
Seasonal patterns are easier to find than the longer-term cycles or economic trends, because they must repeat each calendar year. Although any 12-month period can he used to find the seasonal pattern, academic studies usually begin with the new crop year for grains, just following harvest, when prices tend to be lowest. This approach will [...]