The study presents an operational dynamic minimum variance hedge ratio (DMV) that allows for updates of both cash and futures positions. It is shown that DMV is more general than other operational models in the hedging literature, including the traditional static minimum-variance hedge ratio...

Abstract Currently Unavailable.

The use of cash settlement as a method of settling futures contracts is a relatively new concept [Rowsell and Purcell (1990)]. Historically, futures contracts were for commodities, and actual delivery was the most logical means of linking the futures contract with its underlying commodity. With...

Changes among agricultural input industries have important implications for US agriculture. Reasons for these changes have included the globalization of the marketplace, technological advances, and a changing farm sector.

ﾓThe Red Meat Industries: Concentration, Captive Supplies, Pricing and Policy Issues,ﾔ abstract of AAEA Organized Symposium, Marvin Hayenga -- organizer

Abstract Currently Unavailable.

The vertical coordination systems between livestock producers and processors have dramatically shifted toward long-term contract coordination or vertical integration in the pork sector; however, fed cattle producers still rely heavily on spot market or short-term contract linkages with meat...

In addition to horizontal consolidation at the input, production, and processing subsectors, the US pork industry is becoming more vertically aligned. The largest hog producers and pork processors were surveyed regarding their involvement in vertical coordination arrangements and their plans for...

Abstract Currently Unavailable.

Also published in the Iowa Pork Producer, May, 1981. Abstract Currently Unavailable.