Cross-Hedging Fishmeal: Exploring Corn and Soybean Meal Futures Contracts

نویسنده

  • Joe Parcell
چکیده

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Comparing Autoregressive vs. Markov Switching- Autoregressive Models in Fish Meal Price Forecasting

The objective of this paper is to present a parsimonious forecasting model for the fishmeal price. The focus is on the soybean meal market’s impact on the fish meal price through the soybean meal futures price together with the stocks-to-use as an indicator of demand and supply conditions. A salient feature of the fishmeal market is the impact of the ENSO events on fishmeal supply. This possibl...

متن کامل

Feed transit and apparent protein, phosphorus and energy digestibility

24 A study was conducted with Senegalese sole (Solea senegalensis) to determine the 25 apparent digestibility coefficients (ADCs) of protein, phosphorus and energy in 26 practical feed ingredients. The digestible energy (DE) content was also evaluated. 27 Test ingredients were anchovy fishmeal, solvent-extracted soybean meal, corn 28 gluten and wheat meal. Due to their low cohesion, sole faeces...

متن کامل

Linkages among agricultural commodity futures prices: evidence from Tokyo

Malliaris and Urrutia (1996) use cointegration to analyse the prices of agricultural commodity futures contracts traded on the Chicago Board of Trade (CBOT). They ® nd a long-run relationship among US grown corn, wheat, oat, soybean, soybean meal and soybean oil futures prices and assert that this empirical ® nding is consistent with two alternative hypotheses. The ® rst is that common economic...

متن کامل

Cross Hedging with Single Stock Futures

This study evaluates the efficiency of cross hedging with single stock futures (SSF) contracts. We propose a new technique for hedging exposure to an individual stock that does not have options or exchange-traded SSF contracts written on it. Our method selects as a hedging instrument a portfolio of SSF contracts which are selected based on how closely matched their underlying firm characteristi...

متن کامل

Cross Hedging Grain Sorghum in Missouri

Annually between 1994 and 1998 over 400,000 acres of grain sorghum have been harvested in Missouri with an average yield of 86/bushels/acre. The average value of production during this period was over $90 million. Grain sorghum (milo) is an important crop for some Missouri producers. Many sorghum producers also produce corn, soybean, or wheat. Each of these commodities has an actively traded fu...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2008