Agricultural & Resource Economics

Assistant Professor
Rm #200B Ballard Extension Hall
Oregon State University
Corvallis Oregon 97331-3601
egelkraut @oregonstate.edu
541.737.1406
541.737.2563

Education

Ph.D. University of Illinois at Urbana-Champaign, 2005
MS University of Illinois at Urbana-Champaign, 2002
MS University of Georgia, 1999

Biographical Sketch

Thorsten joined the department in 2005 with primary responsibility for the agri-business undergraduate program, where he teaches several upper division classes, advises students and the student club.  He has directed the Oregon University Systems’ study abroad program in Japan in 2009 and taught at Waseda University.  In 2009 and 2010 he organized and led two international student field trips.  Thorsten’s research focuses on predicting futures prices and price risk using option-based methods, decision-making under uncertainty and the economics of biofuels.

Selected Publications

Johnson, A. J., T. M. Egelkraut, and C. Grout. 2010. Market Intelligence Utilization by Small Food Companies: An Application of Grounded Theory Method in Exploratory Research. Journal of Food Distribution Research 41(2):58-72.

Egelkraut, T. M., and P. Garcia. 2008. Predicting S&P 500 Volatility for Intermediate Time Horizons Using Implied Forward Volatility. Applied Economics Letters (15):31-34.

Egelkraut, T. M., P. Garcia, B. J. Sherrick. 2007. The Term Structure of Implied Forward Volatility: Recovery and Informational Content in the Corn Options Market. American Journal of Agricultural Economics 89(1):1-11.

Egelkraut, T. M., and P. Garcia. 2007. Options-based Forecasts of Futures Prices in the Presence of Limit Moves. Applied Economics 39:145-152.

Egelkraut, T. M., and P. Garcia. 2006. Intermediate Volatility Forecasts Using Implied Forward Volatility: The Performance of Selected Agricultural Commodity Options. Journal of Agricultural and Resource Economics 31(3):508-528.

Undergraduate Teaching

OSAB 388  Exploring World Agriculture

AREc 442  Agricultural Business Management

AREc 444/544  Commodity Futures and Options Markets

AREc 465/565  Agricultural Financial Reporting and Analysis

AREc 467/567  Capital Budgeting in Agriculture