Factors influencing farm level use of futures and options in commodity marketing

Autor:	Larry D. Makus, Rose Krebill-Prather, Biing-Hwan Lin, John E. Carlson
Rok vydání:	1990
Předmět:	Economics and Econometrics Return on marketing investment Marketing effectiveness Geography Planning and Development Commodity A share Agricultural marketing Probit model Economics Animal Science and Zoology Marketing Hedge (finance) Agronomy and Crop Science Futures contract Food Science
Zdroj:	Agribusiness. 6:621-631
ISSN:	1520-6297 0742-4477
DOI:	10.1002/1520-6297(199011)6:6<621::aid-agr2720060608>3.0.co;2-e
Popis:	A probit model is used to quantify factors influencing the probability that a selected group of agricultural decision makers (producers and landowners receiving crops from a share lease) used futures or options for commodity marketing during the 1986, 1987, or 1988 marketing years. Respondents were selected from participants in orientation sessions associated with the nationwide Futures and Option Marketing Pilot Program. Results suggest previous use of cash forward contracts, location, size and farming operation (measured by gross farm sales), having a college degree(s), and membership in a marketing club have the greatest impact on the probability of using futures and options.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::04c5ae9cb8167c9435f9d7ac1592a1d7 https://doi.org/10.1002/1520-6297(199011)6:6<621::aid-agr2720060608>3.0.co Zobrazit plný text záznamu Plný text ve formátu PDF