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| Registros recuperados: 13 | |
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| Pannell, David J.; Hailu, Getu; Weersink, Alfons; Burt, Amanda. |
| The use by farmers of futures contracts and other hedging instruments has been observed to be low in many situations, and this has sometimes seemed to be considered surprising or even mysterious. We propose that it is, in fact, readily understandable and consistent with rational decision making. Standard models of the decision about optimal hedging show that it is negatively related to basis risk, to quantity risk, and to transaction costs. Farmers who have less uncertainty about prices have a lower optimal level of hedging. If a farmer has optimistic price expectations relative to the futures market, the incentive to hedge can be greatly reduced. And finally, farmers who have low levels of risk aversion have little to gain from hedging in terms of risk... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Hedging; Risk; Risk aversion; Flat payoff functions; Agricultural Finance. |
| Ano: 2007 |
URL: http://purl.umn.edu/9232 |
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| Hailu, Getu; Goddard, Ellen W.; Jeffrey, Scott R.. |
| Over the past 25 years, traditional agricultural co-operatives have been challenged by competition from local investor-owned firms and multinational companies, deregulation and globalization of trade, and increased market concentration in suppliers and purchasers. At the same time, co-operatives have constantly been seeking to add value to their member services through expansion and/or adoption of new technology. The capital investment needed for these endeavours has to be financed, and for traditional co-operatives the major source of financing new investments has been long-term borrowing. As a result some co-operatives are characterized by high debt loads, which may result in increased financial risk exposure. Important factors that may influence the... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Agricultural and Food Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/46025 |
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| Hailu, Getu; Goddard, Ellen W.. |
| Nonparametric and parametric demand analyses are used to investigate the structural changes in egg consumption in Canada over the period 1978:1-2001:4. The nonparametric empirical results show that Canadian egg demand has undergone structural change, consistent with news coverage of egg-cholesterol nutrition issues, introduction of new products into the market, popularization of Atkin's diet and other variables. The results from the parametric method revealed that the impacts of advertising and media information index are significant and time varying. Furthermore, the media information index is found to have a significant effect on the size of advertising elasticities. With a larger number of positive media articles, the bigger the impact of shell egg... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
| Ano: 2004 |
URL: http://purl.umn.edu/19968 |
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| Hailu, Getu; Goddard, Ellen W.. |
| Lilydale Co-operative Ltd was one of Canada’s largest and most geographically diversified co-operative poultry processors. In 2005, Lilydale voted to end its 65- year existence as a cooperative and converted to an investor-owned firm (Lilydale Inc.). The motivations for Lilydale’s organizational change are examined focusing on access to capital and using the sustainable growth model as the framework. For sustainable growth, a balance is required between increased actual sales and changes in financial management measures. For much of its history, Lilydale’s actual sales growth rate exceeded its sustainable growth rate. The firm may have been making financial decisions without considering all financial commitments, including increasing requirements to... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 2009 |
URL: http://purl.umn.edu/56933 |
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| Registros recuperados: 13 | |
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