This study explores the potential of routine preharvest cross-hedging of rough rice using wheat futures contract prices. A numerical simulation approach combined with risk efficiency analysis evaluates a wide rage of cross-hedging alternatives. Results establish that farm-level cross-hedging can...

During the 1981-1982 season, seven grain elevator bankruptcies occurred in Louisiana resulting in significant losses to warehouse receipts and scale ticket holders, to creditors, and to owners of the elevators. Through a rigorous comparison of certain financial and operating ratios of those that...