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文章基本信息

  • 标题:SPATIAL ANALYSIS OF FEEDER CATTLE HEDGING RISK
  • 本地全文:下载
  • 作者:Coffey, Brian K. ; Anderson, John D. ; Parcell, Joseph L.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2002
  • 期号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:Optimal hedge ratios are estimated for various weights of feeder cattle in four cash markets based on CME data from 1992 to 1999. Three-month uniform hedges are simulated for every weight, contract, and cash market combination. Hedging effectiveness is compared empirically across locations to identify spatial differences in hedging risk.
  • 关键词:feeder cattle;hedging risk;hedge ratios
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