The factor values for peanuts in states and counties with a February 28, 2022 SCD as specified in the CEPP - Peanuts document for the 2022 crop year are shown below.
The values for the exponent factors for each commodity exchange futures contract are:
| Commodity | Abbreviation | Value |
|
Wheat | ℎ |
-0.1413 |
|
Cotton | t |
0.2953 |
|
Soybean Oil |
o |
0.3990 |
|
Soybean Meal |
m |
-0.1061 |
The values for the price constant and price weighting factors are:
| Variable | Abbreviation | Value |
|
Price Constant | 0.1605 | |
|
Price Weighting Formula | 0.2439 | |
The values for the type factors are:
| Type | Abbreviation | Value |
|
Runner | u |
1.00 |
|
Spanish | p |
1.82 |
|
Valencia |
a |
1.11 |
|
Virginia |
i | 1.11 |
Additionally, the factor specifications for commodities utilized to determine price volatility are as follows:
| Commodity | Abbreviation | Value |
|
Wheat |
ℎ |
-0.0666 |
| Cotton | t |
0.4583 |
|
Soybean Oil |
o |
0.1448 |
|
Soybean Meal |
m |
-0.0941 |
The value for the volatility weighting factor is:
| Variable | Abbreviation | Value |
|
Volatility Weighting Factor | 4.6010 | |
DISPOSAL DATE:
December 31, 2022
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RMA - Risk Management Agency published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 19:50:08 UTC.
