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Journal of Agribusiness >
Volume 19, Number 2, Fall 2001 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/14691
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| Title: | CROSS-HEDGING COTTONSEED MEAL |
| Authors: | Rahman, Shaikh Mahfuzur
Turner, Steven C.
Costa, Ecio de Farias |
| Keywords: | cottonseed meal
cross-hedging
hedging ratios
soybean meal |
| Issue Date: | 2001 |
| Abstract: | This study examines the feasibility of cross-hedging cottonseed meal with soybean meal futures. A simple linear regression of cottonseed meal cash prices on soybean meal futures provides a direct price movement relationship. Using the estimated hedge ratios, the net realized prices are calculated for seven different cash markets. The net realized prices are higher than cash prices in three of the four years evaluated. The empirical analyses suggest soybean meal futures can be used as a potential cross-hedging vehicle for cash cottonseed meal. |
| URI: | http://purl.umn.edu/14691 |
| Institution/Association: | Journal of Agribusiness>Volume 19, Number 2, Fall 2001 |
| Total Pages: | 9 |
| Language: | English |
| From Page: | 163 |
| To Page: | 171 |
| Collections: | Volume 19, Number 2, Fall 2001
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| 19020163.pdf | 793Kb | PDF | View/Open |
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