Este trabalho descreve as modalidades de financiamentos agrícolas que poderão ser obtidas pelo agricultor. Neste estudo, consideraram-se as necessidades do produtor cafeeiro em estar optando pelo melhor crédito a ele fornecido. Tais créditos podem derivar-se a partir de financiamentos...

Este artigo tem como objetivo analisar a evolução do crédito rural no Brasil e o papel das cooperativas agropecuárias no sistema formal como no informal de crédito. Após analisar as informações obtidas na revisão da literatura percebe-se que: a) o montante de recursos ofertados pelo...

This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

The paper examines empirical returns from holding thirty- and ninety-day call and put positions,and the forecasting performance of implied volatility in the live and feeder cattle optionsmarkets. In both markets, implied volatility is an upwardly biased and inefficient predictor ofrealized...

This paper investigates whether the accuracy of outlook hog price forecasts can be improvedusing composite forecasts in an out-of-sample context. Price forecasts from four wellrecognizedoutlook programs are combined with futures-based forecasts, ARIMA, andunrestricted Vector Autoregressive (VAR)...

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A 2006–2009 közötti időszakban a tej fogyasztói ára Magyarországon volt a legmagasabb. A fogyasztói árak közötti árkülönbségek mögött számos tényező húzódik meg: az áfatartalom, a kereskedelmi láncok árpolitikája, a feldolgozói ár és végül a termelőknek fizetett...

This paper tries to justify the observation of different return patterns in the upstream and downstream sectors of US beef production. It builds a dynamic rational expectation model separating the cow-calf and feeding sector with the former sector being the residual claimer. The model shows that...