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| Geyser, Mariette. |
| In the past, the fully regulated marketing environment allowed producers to neglect or ignore the marketing side of their business. Now, with an open marketing system and increased volatility in the commodity markets, producers will have the right and the responsibility to determine their own financial security. One of the most difficult questions for producers to answer, is how much of his/her crop must be pre-harvest marketed. Knowing his/her production costs (both variable and fixed) and range of acceptable production, price, and financial risks are the key to determining his/her price objective. Producers can determine their degree of marketing flexibility by using the cash flow risk ratio. This ratio predicts what percentage of the projected crop must... |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance; Marketing. |
| Ano: 2000 |
URL: http://purl.umn.edu/54196 |
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| Geyser, Mariette; Hassan, Rashid M.. |
| Long-term shareholder wealth is equally important for all profit seeking organizations, regardless of their size. This paper examines introducing Economic Value Added (EVA) as a performance measure for agribusinesses and co-ops in South Africa. EVA is an effective measure of the quality of managerial decisions as well as a reliable indicator of an enterprise's value growth in future. The question posed is whether South African agribusinesses and cooperatives are capable of creating shareholder and member value after the deregulation of the agricultural markets. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 2003 |
URL: http://purl.umn.edu/9504 |
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| Geyser, Mariette; Liebenberg, I.E.. |
| Independent of the size of an organization, long-term shareholder wealth is equally important for all profit seeking organizations. This paper examines introducing Economic Value Added (EVA) as a performance measure for agribusinesses and co-ops in South Africa. EVA is an effective measure of the quality of managerial decisions as well as a reliable indicator of an enterprise's value growth in future. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
| Ano: 2002 |
URL: http://purl.umn.edu/18068 |
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| Geyser, Mariette; Cutts, Michela. |
| Commodity prices in general are known to have a high volatility. This is in fact what attracts speculators. The South African futures exchange (SAFEX) is not immune to this volatility. Volatility increases the risk of paying higher prices for a specific commodity, and it also makes the use of derivative instruments to hedge against price risk more expensive. Given the importance of South Africa as a regional supplier of maize and price discovery mechanism, investigations into the volatility of the maize price are not only important, but also indispensable if all parties involved are to manage this risk. The question therefore is whether the SAFEX maize price volatility can be explained by using fundamental factors or whether this volatility is... |
| Tipo: Journal Article |
Palavras-chave: Derivative; Price volatility; Call option; Hedging; Food risk; SAFEX; CBOT; Demand and Price Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/8009 |
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| Geyser, Mariette; Louw, Andre; Botha, L.. |
| Lending and financial institutions have looked for a variety of ways to expand their portfolios into agriculture, but because of the risks associated with lending to farmers who lack traditional forms of collateral, they face price and yield risks, causing these inroads to be limited. Market-based instruments are readily available for price risk. Organised exchanges offering the most basic of these instruments, futures and options, have operated for a long time, providing transparency to the market and low-cost risk transfer tools for those able to access them. While the use of price risk management instruments is an incomplete solution, it has sufficient merits on its own and will make the overall burden of risk more bearable. The use of these instruments... |
| Tipo: Journal Article |
Palavras-chave: Geographic diversification; Contract grower; Risk; Lending; Rainfall; Yield; Agricultural Finance. |
| Ano: 2009 |
URL: http://purl.umn.edu/49163 |
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