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MINIMUM RISK PRE-HARVEST SALES OF SOYBEANS

Richard G. Heifner

No 283701, 1978 Annual Meeting, August 6-9, Blacksburg, Virginia from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The formula developed by McKinnon for determining minimum risk forward selling levels for crop producers operating under yield risk is modified so that basis risk can also be taken into account. Example results were presented for soybeans for selected Corn Belt counties using both the modified McKinnon method and an alternative method involving the direct minimization of variance of return.

Keywords: Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Date: 1978-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea78:283701

DOI: 10.22004/ag.econ.283701

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