A Production Cross-Hedge for Long and Medium Grain Rough Rice Using Soft Red Winter Wheat Futures

W.J. Gleason, T.P. Zacharias, M.D. Lange and H.D. Traylor

No 278404, 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Routine preharvest cross-hedging of rice utilizing futures prices for wheat is examined. Average net prices from cross-hedging generally exceeded harvest pricing. Compared to harvest pricing, cross-hedging price distributions exhibited less variability. Results indicated that an April cross-hedge was the preferred marketing strategy under the third-degree stochastic dominance criterion.

Keywords: Crop Production/Industries; Marketing; Production Economics (search for similar items in EconPapers)
Pages: 15
Date: 1986-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/278404/files/aaea-1986-118.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea86:278404

DOI: 10.22004/ag.econ.278404

Access Statistics for this paper

More papers in 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Bibliographic data for series maintained by AgEcon Search ().