Data/hora: 01/06/2024 05:54:29

Provedor de dados: 	31	
País: 	United States	
Título: 	Cash Ethanol Cross-Hedging Opportunities	
Autores: 	Franken,   Jason R.V.; Parcell,   Joseph L.	
Data: 	2008-09-16	
Ano: 	2003	
Palavras-chave: 	Cross-hedging; Ethanol; Gas; G13; Q13; Q42.	
Resumo: 	Increased use of alternative fuels and low commodity prices have contributed to the recent expansion of the U.S. ethanol industry.  As with any competitive industry, some level of output price risk exists in the form of volatility; yet, no actively traded ethanol futures market exists to mitigate output price risk.  This study reports estimated minimum variance cross-hedge ratios between Detroit spot cash ethanol and the New York Mercantile Exchange unleaded gasoline futures for 1-, 4-, 8-, 12-, 16-, 20-, 24-, and 28-week hedge horizons.  The research suggests that a one-to-one cross-hedge ratio is not appropriate for some horizons.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/43152	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 35, Number 03, December 2003	
Formato: 	8