Determinants of Commodity Futures Prices: Decomposition Approach

Table 1

Period, sample size, and descriptive statistics of the three commodities’ future price series of the three commodities.

Commodity	Period	Sample size	Mean	Std. dev.	Skewedness	Kurtosis	Jarque–Bera	Minimum	Maximum
Corn	2016–2021	1277	3.80	0.58	2.69	11.98	5830.30	3.02	7.53
Crude oil	2014–2021	1277	52.80	10.62	−0.61	4.05	137.17	10.01	76.41
Gold	2016–2021	1277	1429	232.89	0.99	2.59	215.66	1128	2069