Journal Publications (Updated May 2009)

(Note: Wherever possible the citation is linked to a site where the article can be downloaded free of charge. Otherwise, links are provided to a publisher’s site where the article can be downloaded for a fee.)

Dietz, Sarah N., Nicole M. Aulerich, Scott H. Irwin, and Darrel L. Good. “The Marketing Performance of Illinois and Kansas Wheat Producers.” Journal of Agricultural and Applied Economics 41(2009):177-192.

Isengildina-Massa, Olga, Scott H. Irwin, and Darrel L. Good. “Impact of WADSE Reports on Implied Volatility in Corn and Soybean Markets.” Agribusiness 24(2008):473-490.

Isengildina-Massa, Olga, Scott H. Irwin, Darrel L. Good, and Jennifer K. Gomez. “The Impact of Situation and Outlook Information in Corn and Soybean Futures Markets: Evidence from WASDE Reports.” Journal of Agricultural and Applied Economics 40(2008):89-104.

Frank, Julieta M., Philip Garcia, and Scott H. Irwin. “To What Surprises Do Hog Futures Markets Respond?” Journal of Agricultural and Applied Economics 40(2008):73-88.

Pennings, Joost M.E., Olga Isengildina, Scott H. Irwin, Darrel L. Good, Philip Garcia, and W. Erno Kuiper. “Producers’ Complex Risk Management Choices.” Agribusiness 24(2008):31-54.

Cabrini, Silvina M., Scott H. Irwin, and Darrel L. Good. “Style and Performance of Agricultural Market Advisory Services.” American Journal of Agricultural Economics 89(2007):607-623.

Park, Cheol Ho, and Scott H. Irwin. “What Do We Know about the Profitability of Technical Analysis?” Journal of Economic Surveys 21(2007):786-826.

Isengildina, Olga, Scott H. Irwin, and Darrel L. Good. “Are Revisions to USDA Crop Production Forecasts Smoothed?” American Journal of Agricultural Economics 88(2006):1091-1104.

Isengildina, Olga, Scott H. Irwin, and Darrel L. Good. “The Value of USDA Situation and Outlook Information in Hog and Cattle Markets.” Journal of Agricultural and Resource Economics 31(2006):262-282.

Isengildina, Olga, Joost M.E. Pennings, Scott H. Irwin, and Darrel L. Good. “U.S. Crop Farmers’ Use of Market Advisory Services.” Journal of International Food and Agribusiness Marketing 18(2006):67-86.

Irwin, Scott H., Darrel L. Good, and Joao Martines-Filho. “The Performance of Market Advisory Services in Corn and Soybeans.” American Journal of Agricultural Economics 88(2006):162-181.

Hagedorn, Lewis A., Scott H. Irwin, Darrel L. Good, and Evelyn V.Colino. “Does the Performance of Illinois Corn and Soybean Farmers Lag the Market?” American Journal of Agricultural Economics 87(2005):1271-1279.

Shi, Wei, and Scott H. Irwin. “Optimal Hedging with a Subjective View: An Empirical Bayesian Approach.” American Journal of Agricultural Economics 87(2005):918-930.

Cabrini, Silvina M., Brian G. Stark, Scott H. Irwin, Darrel L. Good, and Joao Martines-Filho. “Portfolios of Agricultural Market Advisory Services: How Much Diversification is Enough?” Journal of Agricultural and Applied Economics 37(2005):101-114.

Pennings, Joost M.E., Scott H. Irwin, Darrel L. Good, and Olga Isengildina. “Heterogeneity in the Likelihood of Market Advisory Service Use by U.S. Crop Producers.” Agribusiness 21(2005):109-128.

Isengildina, Olga, Scott H. Irwin, and Darrel L. Good. “Evaluation of USDA Interval Forecasts of Corn and Soybean Prices.” American Journal of Agricultural Economics 86(2004):990-1004.

Pennings, Joost M.E., Olga Isengildina, Scott H. Irwin, and Darrel L. Good. “The Impact of Market Advisory Service Recommendations on Producers’ Marketing Decisions.” Journal of Agricultural and Resource Economics 29(2004):308-327.

Stark, Brian G., Silvina M. Cabrini, Hayri Onal, Scott H. Irwin, Darrel L. Good, and Joao Martines-Filho. “Efficiency Analysis of Agricultural Market Advisory Services: A Non-Linear Mixed-Integer Programming Approach.” Manufacturing and Service Operations Management 6(2004):237-252.

Irwin, Scott H., Gary D. Schnitkey, Darrel L. Good, and Paul N. Ellinger. "The farmdoc Project: This is Still Your Father’s Extension Program." American Journal of Agricultural Economics 86(2004):772-777.

Sherrick, Bruce J., Fabio C. Zanini, Gary D. Schnitkey, and Scott H. Irwin.  “Crop Insurance Valuation under Alternative Yield Distributions.” American Journal of Agricultural Economics 86(2004):406-419.

Sanders, Dwight R., Scott H. Irwin, and Raymond M. Leuthold. “The Theory of Contrary Opinion: A Test Using Sentiment Indexes in Futures Markets.” Journal of Agribusiness 21(2003):39-64.

Schnitkey, Gary D., Bruce J. Sherrick, and Scott H. Irwin. “Evaluation of Risk Reductions Associated with Multi-Peril Crop Insurance Products.” Agricultural Finance Review 63(2003):1-21.

Egelkraut, Thorsten M., Philip Garcia, Scott H. Irwin, and Darrel L. Good. “An Evaluation of Crop Forecast Accuracy for Corn and Soybeans: USDA and Private Information Services.” Journal of Agricultural and Applied Economics 35(2003):79-95.

Pennings, Joost M.E., Scott H. Irwin, and Darrel L. Good. “Surveying Farmers: A Case Study.” Review of Agricultural Economics 24(2002):266-277.

Manfredo, Mark R., Raymond M. Leuthold, and Scott H. Irwin. “Forecasting Fed Cattle, Feeder Cattle, and Corn Cash Price Volatility: Time Series, Implied Volatility, and Composite Approaches.” Journal of Agricultural and Applied Economics 33(2001):523-538.

Zulauf, Carl R., Donald W. Larson, Christopher K. Alexander, and Scott H. Irwin.  “Pre-Harvest Pricing Strategies in Ohio Corn Markets: The Role of Cash Flow Risk.” Journal of Agricultural and Applied Economics 33(2001):103-115.

Zulauf, Carl R., Jeffrey A. Goodbar, Scott H. Irwin, and Robert P. Leeds. “Returns to Storage for Ohio Corn, 1964-1996 Crop Years.” Journal of the American Society of Farm Managers and Rural Appraisers 63(1999):117-126.

Irwin, Scott H., and Satoko Yoshimaru. “Managed Futures, Positive Feedback Trading, and Futures Price Volatility.” Journal of Futures Markets 19(1999):759-776.

Zulauf, Carl R., Scott H. Irwin, Jason E. Ropp, and Anthony J. Sberna. “A Reappraisal of the Forecasting Performance of Corn and Soybean New Crop Futures.” Journal of Futures Markets 19(1999):603-618.

Zulauf, Carl R., and Scott H. Irwin. “Market Efficiency and Marketing to Enhance Income of Crop Producers.” Review of Agricultural Economics 20(1998):308-331.

Canoles, W. Bruce, Sarahelen Thompson, Scott H. Irwin, and Virginia Grace France. “An Analysis of the Profiles and Motivations of Habitual Commodity Speculators.” Journal of Futures Markets 18(1998):765-802.

Colling, Phil L., Scott H. Irwin, and Carl R. Zulauf. “Future Price Responses to USDA's Cold Storage report.” Agribusiness 13(1997):393-400.

Garcia, Philip, Scott H. Irwin, Raymond M. Leuthold, and Li Yang. “The Value of Public Information in Commodity Futures Markets.” Journal of Economic Behavior and Organization 32(1997):559-570.

Sherrick, Bruce J., Scott H. Irwin, and D. Lynn Forster. “An Examination of Option-Implied S&P 500 Futures Price Distributions.” Financial Review 31(1996):667-694.

Irwin, Scott H., Carl R. Zulauf, and Thomas E. Jackson. “Monte Carlo Analysis of Mean Reversion in Commodity Futures Prices.” American Journal of Agricultural Economics 78(1996):387-399.

Brorsen, B. Wade, and Scott H. Irwin. “Improving the Relevance of Research on Price Forecasting and Marketing Strategies.” Agricultural and Resource Economics Review 25(1996):68-75.

Colling, Phil L., Scott H. Irwin, and Carl R. Zulauf. “The Reaction of Wheat, Corn, and Soybean Futures Prices to the USDA Export Inspection Report.” Review of Agricultural Economics 18(1996):127-136.

Colling, Phil L., and Scott H. Irwin. “Informational Content of Government Hogs and Pigs Reports: Comment.” American Journal of Agricultural Economics 77(1995):698-702.

Liu, Te-Ru, Mary E. Gerlow, and Scott H. Irwin. “The Performance of Alternative VAR Models in Forecasting Exchange Rates.” International Journal of Forecasting 10(1994):419-433.

Irwin, Scott H., Carl R. Zulauf, and Barry L. Ward. “The Predictability of Managed Futures Returns.” Journal of Derivatives 2(1994):20-27.

Irwin, Scott H., Mary E. Gerlow, and Te-Ru Liu. “The Forecasting Performance of Livestock Futures Prices: A Comparison to USDA Expert Predictions.” Journal of Futures Markets 14(1994):861-875.

Irwin, Scott H., and Cameron S. Thraen. “Rational Expectations in Agriculture?  A Review of the Issues and Evidence.” Review of Agricultural Economics 16(1994):125-147.

Gerlow, Mary E., Scott H. Irwin, and Te-Ru Liu. “Economic Evaluation of Commodity Price Forecasting Models.” International Journal of Forecasting 9(1993):387-397.

Irwin, Scott H., Terry R. Krukemyer, and Carl R. Zulauf. “Investment Performance of Public Commodity Pools: 1979 to 1990.” Journal of Futures Markets 13(1993):799-820.

Colling, Phil L., Scott H. Irwin, and Carl R. Zulauf. “Weak- and Strong-Form Rationality Tests of Market Analysts' Expectations of USDA Hogs and Pigs Reports.” Review of Agricultural Economics 14(1992):263-270.

Gerlow, Mary E., Scott H. Irwin, Carl R. Zulauf, and Jonathan N. Tinker. “The Market Timing Value of Univariate and Multivariate Time Series Models Within the Soybean Complex.” Journal of Agribusiness 9(1992):51-63.

Sherrick, Bruce J., Scott H. Irwin, and D. Lynn Forster. “Option-Based Evidence of the Non-Stationarity of Expected S&P 500 Futures Price Distributions.” Journal of Futures Markets 12(1992):275-290.

Johnson, Robert L., Carl R. Zulauf, Scott H. Irwin, and Mary E. Gerlow. “The Soybean Complex Spread: An Examination of Market Efficiency From the Viewpoint of a Production Process.” Journal of Futures Markets 11(1991):25-37.

Gerlow, Mary E., and Scott H. Irwin. “The Performance of Exchange Rate Forecasting Models:  An Economic Evaluation.” Applied Economics 23(1991):133-142.

Irwin, Scott H. “New Directions in Agricultural Options Research.” Review of Futures Markets 9(1990):139-144.

Baldwin, E. Dean, Scott H. Irwin, Hassan Ahmed, and Robert Rye. “Hedging Effectiveness in a Vertical Marketing Channel.” Journal of Agribusiness 8(1990):35-48.

Sherrick, Bruce J., Scott H. Irwin, and D. Lynn Forster. “Expected Soybean Futures Price Distributions:  Option Based Assessments.” Review of Futures Markets 9(1990):386-409.

Colling, Phil L., and Scott H. Irwin. “The Reaction of Live Hog Futures Prices to USDA Hogs and Pigs Reports.” American Journal of Agricultural Economics 71(1990):84-94.

Irwin, Scott H., and Phil L. Colling. “Are Farm Asset Values Too Volatile?” Agricultural Finance Review 50(1990):58-65.

Frank, Stuart D., Scott H. Irwin, George H. Pfeiffer, and Charles E. Curtis. “Further Evidence on Soybean Marketing Strategies:  The Role of Options.” North Central Journal of Agricultural Economics 11(1989):213-220.

Hall, Joyce A., B. Wade Brorsen, and Scott H. Irwin. “The Distribution of Futures Prices:  A Test of the Stable Paretian and Mixture of Normals Hypotheses.” Journal of Financial and Quantitative Analysis 24(1989):105-116.

Irwin, Scott H. “Comment: How Efficient are the Most Liquid Futures Contracts? A Study of Treasury Bond Futures.” Review of Futures Markets 7(1988 Supplement):596.

Irwin, Scott H., D. Lynn Forster, and Bruce J. Sherrick. “Returns to Farm Real Estate Revisited.” American Journal of Agricultural Economics 70(1988):580-587.

Lukac, Louis P., B. Wade Brorsen, and Scott H. Irwin. “A Test of Futures Market Disequilibrium Using Twelve Different Technical Trading Systems.” Applied Economics 20(1988):623-639.

Lukac, Louis P., B. Wade Brorsen, and Scott H. Irwin. “Similarity of Computer Guided Technical Trading Systems.” Journal of Futures Markets 8(1988):1-13.

Irwin, Scott H., and Diego Landa. “Real Estate, Futures, and Gold as Portfolio Assets.” Journal of Portfolio Management 14(1987):29-34.

Brorsen, B. Wade, and Scott H. Irwin. “Futures Funds and Price Volatility.” Review of Futures Markets 7(1987):118-135.

Irwin, Scott H., and B. Wade Brorsen. “A Note on the Factors Affecting Technical Trading System Returns.” Journal of Futures Markets 7(1987):591-595.

Irwin, Scott H., and B. Wade Brorsen. “Public Futures Funds.” Journal of Futures Markets 6(1985):461-485.

Brorsen, B. Wade, and Scott H. Irwin. “Evaluation of Commodity Funds.” Review of Research in Futures Markets 4(1985):84-94.

Irwin, Scott H., and J. William Uhrig. “Do Technical Analysts Have Holes in Their Shoes?” Review of Research in Futures Markets 3(1984):264-277.