Table 1 Descriptive statistics for U.S. and Chinese futures prices (in $).
Futures varieties | Variables | Obs | Mean | Std.Dev. | Min | Max | Skew | Kurt |
|---|---|---|---|---|---|---|---|---|
Soybean | PUsoy | 1479 | 433.8863 | 100.3224 | 294.6845 | 650.3635 | 0.1673 | 1.5887 |
PCsoy | 1479 | 716.2761 | 166.2932 | 455.1273 | 1017.1929 | 0.0642 | 1.6156 | |
Corn | PUcorn | 1479 | 181.9953 | 48.5774 | 114.6403 | 299.2774 | 0.4831 | 1.9871 |
PCcorn | 1479 | 350.5157 | 65.4015 | 257.7443 | 470.2175 | −0.0592 | 1.3833 | |
Cotton | PUcotton | 1479 | 1838.0425 | 419.1689 | 1074.9727 | 3414.7359 | 1.1697 | 4.5088 |
PCcotton | 1479 | 2310.1253 | 464.7683 | 1459.1755 | 3549.6847 | 0.8507 | 3.2177 |
