3 day averaging effect?

Discussion in 'Commodity Futures' started by TraDaToR, Jun 5, 2008.

  1. TraDaToR

    TraDaToR

    Hello,

    I realized lately that meats are among the few commodities that have more volatility in back months than in front months...

    I recall someone on this board said it was because of the 3 day averaging effect or something like that... What does it mean?


    Thanks a lot.