Data/hora: 12/06/2024 07:58:14

Provedor de dados: | 31
País: | United States
Título: | CROSS-HEDGING COTTONSEED MEAL
Autores: | Rahman,   Shaikh Mahfuzur; Turner,   Steven C.; Costa,   Ecio de Farias.
Data: | 2005-09-15
Ano: | 2001
Palavras-chave: | Cottonseed meal; Cross-hedging; Hedging ratios; Soybean meal; Marketing.
Resumo: | This study examines the feasibility of cross-hedging cottonseed meal with soybean meal futures. A simple linear regression of cottonseed meal cash prices on soybean meal futures provides a direct price movement relationship. Using the estimated hedge ratios, the net realized prices are calculated for seven different cash markets.  The net realized prices are higher than cash prices in three of the four years evaluated. The empirical analyses suggest soybean meal futures can be used as a potential cross-hedging vehicle for cash cottonseed meal.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

17538

http://purl.umn.edu/14691

Editor: | AgEcon Search
Relação: | Journal of Agribusiness&gt;Volume 19, Number 2, Fall 2001

Formato:

9

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