12/12/2023 | Press release | Distributed by Public on 12/12/2023 13:52
The factor values for peanuts in states and counties with a January 31, 2024, SCD, as specified in the CEPP - Peanuts document for the 2024 CY, are shown below.
The values for the exponent factors for each commodity exchange futures contract are:
Commodity | Abbreviation | Value |
Wheat |
ℎ |
-0.1890 |
Cotton |
t |
0.4075 |
Soybean Oil |
o |
0.3660 |
Soybean Meal |
m |
-0.0812 |
The values for the price constant and price weighting factors are:
Variable | Abbreviation |
Value |
Price Constant |
0.1371 | |
Price Weighting Formula |
0.4451 |
|
The values for the type factors are:
Type | Abbreviation | Value |
Runner |
u | 1.00 |
Spanish |
p | 1.63 |
Valencia |
a | 1.16 |
Virginia |
i | 1.16 |
Additionally, the factor specifications for commodities utilized to determine price volatility are as follows:
Commodity | Abbreviation | Value |
Wheat |
ℎ | -0.0920 |
Cotton |
t | 0.2943 |
Soybean Oil |
o | 0.2165 |
Soybean Meal |
m | 0.4592 |
The value for the volatility weighting factor is:
Variable |
Abbreviation |
Value |
Volatility Weighting Factor |
3.9398 | |
DISPOSAL DATE:
December 31, 2024