Schroeder, Ted C.; Grunewald, Orlen C.; Langemeier, Scott A. - In: Agribusiness 5 (1989) 2, pp. 153-168
Options on cattle futures have expanded the realm of alternative marketing strategies available to cattle feeders. This study utilized actual feedlot data to compare the return distributions from 31 separate fed cattle marketing strategies using cash, futures, put option, and call option...