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School of Economic Sciences | WSU Faculty

Randy Fortenbery

Professor, Thomas B. Mick Endowed Chair


  • Ph.D., Agricultural Economics, University of Illinois-Urbana/Champaign, 1988.
  • M.S., Applied Economics, Montana State University, 1984.
  • B.S., Natural Resource Economics, Montana State University, 1982.


  • My research program currently focuses on agricultural price performance in local and national markets. It looks at impacts of new information on relative prices, as well as overall price levels. I also am engaged in studying the impact of futures price action on the stability of cash prices.


  • Tatiana Drugova, Veronica Pozo, Kynda Curtis, T. Randall Fortenbery.  “Organic Wheat Prices and Premium Uncertainty: Can Cross Hedging and Forecasting Play a Role?” Journal of Agricultural and Resource Economics – forthcoming.
  • Jiang, Jingze and T. Randall Fortenbery.  “El Nino and La Nina Induced Volatility Spillover Effects in U.S. Soybean and Water Equity Markets,” Applied Economics, 51 (2019), p. 1133-1150.  Published online October 2018.
  • Fortenbery, T. Randall.  “Futures Markets and Hedging,” Routledge Press Handbook of Agricultural Economics, ed. Gail L. Cramer, Krishna P. Paudel, and Andrew Schmitz, 2018.
  • Fortenbery, T. Randall.  “Futures Market Activity and Impacts on Cash Markets,” Commodity Insights Yearbook 2017, ed. MCX, Securities and Exchange Board of India (2017), p. 13-21.
  • Prera, Alejandro, T. Randall Fortenbery, and Thomas L. Marsh.  “Risk Management: Potential for U.S. Microbreweries,” Journal of Agribusiness, 35(2) (2017). P. 145-162


  • Small Grains Endowed Chair, 2011-present
  • Renk Chair in Agribusiness, University of Wisconsin-Madison, Aug 2002
  • John S. Donald Excellence in Teaching Award, University of Wisconsin-Madison, Feb 1996


E-mail address:
Office Location:
Hulbert 203G
Office Phone:
(509) 335-7637