| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
A Utilização da BM&F como Instrumento de Gerenciamento de Risco de Preço de Boi Gordo Comercializado em Rondônia
|
| Autores: |
de Zen, Sergio
Bellotti de Melo, Guilherme
|
| Data: |
2010-11-08
|
| Ano: |
2008
|
| Palavras-chave: |
Cattle Prices
Risk
Future Market
Rondônia
Risk and Uncertainty
|
| Resumo: |
This paper aimed to analyse the BM&F cattle future market as a tool for price risk management for traders that deal cattle in the Rondônia State. In order to reach this goal it was analysed if there is a long-term relationship between the cattle prices in Rondônia and the Esalq/BM&F Cattle Index. Besides that, it was done an examination of the optimal hedge Rio Branco – Acre, 20 a 23 de julho de 2008 Sociedade Brasileira de Economia, Administração e Sociologia Rural ratio and its effectiveness to the year of 2007. The results indicated that the cattle price in Rondônia and the Esalq/BM&F Cattle Index has a long-term relationship, which means the traders can use the BM&F as tool to hedge the cattle price in such state. However, through the optimal hedge ratio and the effectiveness analyses were possible to note that between august and november the BM&F utilization did not contribute significantly to manage the cattle price risk.
|
| Tipo: |
Conference Paper or Presentation
|
| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/96279
|
| Relação: |
Sociedade Brasileira de Economia, Administracao e Sociologia Rural (SOBER)>46th Congress, July 20-23, 2008, Rio Branco, Acre, Brasil
|
| Formato: |
14
|
|
