Sammendrag
Today there is no futures market for trout, one option is to use a different commodity futures as reference, in this case, salmon futures would be the best choice. The hypothesis is that by studying salmon futures in relation to spot price of trout can give a reliable estimate on future trout spot prices. A literature survey is done on the current knowledge of the derivatives market explaining spot and forward prices along with spot and forward contracts. Furthermore, characteristics of a successful future contract and information with a focus on commercial aquaculture in Norway are described. A study examines the relationship between spot price of salmon trout and forward prices of salmon (from 1 to 4-month maturities), employing monthly data over the period 2006-2021.