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Hedging effectiveness is the proportion of price risk removed through hedging. Empiricalhedging studies typically … to a second group of data, and examinethe robustness of the hedging strategy by comparing the hedging effectiveness for … out-of-sample hedging effectiveness estimators. Through mathematical andsimulation analysis we determine the following: (a …
Persistent link: https://www.econbiz.de/10009446391
-sample and out-of-sample hedging effectiveness estimators. Through mathematical and simulation analysis we determine the …Hedging effectiveness is the proportion of price risk removed through hedging. Empirical hedging studies typically … estimate a set of risk minimizing hedge ratios, estimate the hedging effectiveness statistic, apply the estimated hedge ratios …
Persistent link: https://www.econbiz.de/10009368376
The cattle industry batch markets animals in pens. Because of this, animals within any one pen can be both underfed and … overfed. Thus, there is a production inefficiency associated with batch marketing. We simulate the value of sorting animals … through weight and ultrasound measurements from original pens into smaller alternative marketing groups. Sorting exploits the …
Persistent link: https://www.econbiz.de/10005320814
This study uses a simulation approach to determine the economic viability of two different production systems in the …
Persistent link: https://www.econbiz.de/10010914975
Average producer practice reveals that the expected returns are greater from dual-purpose wheat grown for both forage and grain than for grain-only wheat. Variety trials report an 11 bushel per acre yield advantage and hence economic advantage for grain-only. Research was conducted to reconcile...
Persistent link: https://www.econbiz.de/10008922470
) techniques. Empirical Monte Carlo (MC) simulation techniques are employed to show the consistency of small-sample properties for …
Persistent link: https://www.econbiz.de/10011068601
Revenue insurance with shallow loss protection for farmers has been introduced recently. A common attribute of most shallow loss proposals is that they would be area-revenue triggered. The impact on optimal hedge ratios of combining these shallow loss insurance proposals with deep loss...
Persistent link: https://www.econbiz.de/10010880649
current marketing procedure of monthly cash milk pricing and monthly feed purchases (and pricing) produces a strong built …
Persistent link: https://www.econbiz.de/10011142792
There is a wide variety of approaches to whole farm models (WFMs) including purely biophysical models as well as models that combine biological and financial elements. Our study was motivated by the notion that researchers may benefit from guidelines on the choices they must make about modelling...
Persistent link: https://www.econbiz.de/10010914181
The agro-food sector is receiving a great deal of attention for topics of general interest as the food quality, security and safety, alternative uses of crops in food/feed/fuel, growing concern for GHG (Green House Gas) emission, LCA (Life Cycle Assessment), energy consumption. In the EU...
Persistent link: https://www.econbiz.de/10010914919