Economic Implications of Nonpar Delivery Points for the Live Cattle Futures Contract

J. Richard Crow, John B. Riley and Wayne D. Purcell

American Journal of Agricultural Economics, 1972, vol. 54, issue 1, 111-115

Abstract: With variable intermarket price relationships between Omaha and the outlying market areas, the use of a single adjustment factor for nonpar delivery points will not significantly improve hedging opportunities. Using the Guymon (Oklahoma) point to illustrate, the need for more sophisticated adjustment procedures or consideration of separate contracts is demonstrated.

Date: 1972
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.2307/1237741 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:ajagec:v:54:y:1972:i:1:p:111-115.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().