LOCATION BASIS VARIABILITY EFFECTS ON SLAUGHTER CATTLE HEDGING IN THE SOUTH AND SOUTHERN PLAINS

Autor: Barry W. Bobst
Rok vydání: 1973
Předmět:
Popis: Location basis variability is a matter of potential concern to livestock producers who contemplate the use of livestock futures contracts as hedging devices and who are removed from a designated futures contract delivery point. Recent attention has been given this problem by Heifner in an analysis of minimum-risk hedging ratios for cattle and hogs, among other commodities, in which measures of risk-shifting effectiveness were generated for comparison among locations.
Databáze: OpenAIRE