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hedging catastrophic risk effectively in peanut production given that crop insurance purveyors normally seek to minimize the … variance of the loss ratio. CAT bonds were found to be feasible as hedging instruments even in the range of normal losses …
Persistent link: https://www.econbiz.de/10005493778
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Recent trend depicts that tomatoes and tomatoes products rank 2nd most important vegetable crop in the United States after potatoes and potatoes products contributing 20 percent of total vegetable production. More-so, tomato is equally ranked 2nd in the United States in terms of production...
Persistent link: https://www.econbiz.de/10008922436
We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...
Persistent link: https://www.econbiz.de/10008922603
hedging performance. In this paper we propose a novel arbitrage pricing model motivated from the economic theory of optimal …
Persistent link: https://www.econbiz.de/10009020946
The commodity bull cycle of 2006-2008 and subsequent dramatic price decline have been a source of hardship for traditional commodity market participants such as producers and merchant/shippers. The usefulness of futures markets has been called into question, especially given that some market...
Persistent link: https://www.econbiz.de/10009368370
Futures prices when combined with a basis forecast provide a reliable way to forecast cash prices. The most popular method of forecasting basis is historical moving averages. Given the recent failure of longer moving averages proposed by previous studies, this research reassesses past...
Persistent link: https://www.econbiz.de/10009368378
production and livestock feed usage, elevator storage capacity, access to railroad grain handling facilities, and to a limited … local wheat production, elevator storage capacity, the number of competitors in local markets, and by location relative to …
Persistent link: https://www.econbiz.de/10009368380
Includes: Front Cover, Editorial Information, JAAE Manuscript Submission Guidelines
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Includes: Front Cover, Table of Contents, Editorial Information
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