Tirupattur, Viswanath; Hauser, Robert J.; Chaherli, Nabil M. - EconWPA - 1996
The use of crop yield futures contracts is examined. The expectation being modeled here reflects that of an Illinois … corn and soybeans producer at planting, of revenue realized at harvest. The effects of using price and crop yield contracts … alternatives: 1) a revenue hedge using just price futures, 2) a revenue hedge using crop yield futures, 3) an unhedged scenario …