Showing 1 - 8 of 8
The optimal hedging model has become the standard theoretical model of normative hedging behavior due to its intuitive tradeoff of expected return with risk, its effcient use of information and its easy implementation. In practice, the model can be easily implemented with the Parameter Certainty...
Persistent link: https://www.econbiz.de/10005320349
forecasts of fed-cattle quality grades, the forecast evaluation methods are shown to increase cattle marketing revenues by $2 …
Persistent link: https://www.econbiz.de/10005801178
Numerous empirical studies have investigated the profitability of technical trading rules in a wide variety of markets, and many of them found positive profits. Despite positive evidence about profitability and improvements in testing procedures, skepticism about technical trading profits...
Persistent link: https://www.econbiz.de/10005801179
Marketing is viewed as an important component of the farm management process, and poor marketing is often cited as a …, and available evidence is too limited to make definitive conclusions about farmer marketing abilities. This paper examines … the actual marketing performance of corn and soybean producers in Illinois. Farmer marketing data is based on the USDA …
Persistent link: https://www.econbiz.de/10005801187
The question addressed in this study is which length of historical moving average provides the best forecast of futures basis. Differences in observed forecast accuracy among the different moving averages are usually less than a cent per bushel, and most are not statistically significant....
Persistent link: https://www.econbiz.de/10008508935
producers' marketing philosophy, are important factors explaining the impact of MAS recommendations. Risk attitude does not …' marketing decisions …
Persistent link: https://www.econbiz.de/10005484176
This study investigates the impact of six major USDA reports in hog and cattle markets: Cattle; Cattle on Feed; Cold Storage; Hogs and Pigs; Livestock, Dairy, and Poultry Outlook (LDPO); and World Agricultural Supply and Demand Estimates (WASDE). A TARCH-in-mean model, with dummy variables to measure...
Persistent link: https://www.econbiz.de/10005525445
paper first measures the extent to which producers display an active or mechanical marketing style using individual farmer … sales. Next, tests of performance persistence are conducted to determine if there is any advantage to an active marketing … style. The results show that southern Oklahoma wheat producers tend to have a mechanical marketing style, while at other …
Persistent link: https://www.econbiz.de/10005513493