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Título: Price Pooling and the Gains from Hedging: Application to a Swedish Grain Cooperative
Autores: Johnson, D. Demcey
Nilsson, Tomas K.H.
Andersson, Hans
Fecha: 2001-05-22
2007-03-07
2001-05-22
2007-03-07
2001
Publicador: AgEcon
Fuente:
Tipo: Conference Paper or Presentation
Tema: Agribusiness
Marketing
Descripción: Optimal hedging strategies are analyzed for a cooperative operating a price pooling system in the presence of price and quantity risk. A three-period model, accounting for default risk and storage, is developed. Hedging allows the cooperative to increase the pool price offered to farmers by 2.8 - 4% for moderate risk parameters.
Idioma: English
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