The passage of the 2002 Farm Bill and the removal of the peanut quota system revealed underlying fundamental problems in the Virginia peanut industry. Lower yields and high costs plague producers at the farm level, acreage levels continue to decline and it is doubtful that peanut production in...

This thesis is a long-term evaluation of the profit margin hedging strategy suggested by Kenyon and Clay. To implement this strategy an expected profit margin is estimated based on the amount of pork, corn price, and soybean meal price. The profit margin that can be âlocked inâ by the futures...