000205090 001__ 205090
000205090 005__ 20180123000847.0
000205090 037__ $$a330-2016-13964
000205090 041__ $$aen_US
000205090 084__ $$aQ13
000205090 245__ $$aIs “Good Enough” Good Enough when Hedging Agricultural Commodities?
000205090 260__ $$c2015
000205090 269__ $$a2015
000205090 270__ $$mdahlgran@u.arizona.edu$$pDahlgran,   Roger A.
000205090 300__ $$a26
000205090 336__ $$aConference Paper/ Presentation
000205090 390__ $$aFirst draft.  Selected paper prepared for presentation at the 2015 Agricultural and Applied Economics Association and Western Agricultural Economics Association Annual Meeting San Francisco, CA , July 26-28, 2015.
000205090 500__ $$aFirst draft.  Selected paper prepared for presentation at the 2015 Agricultural and Applied Economics Association and Western Agricultural Economics Association Annual Meeting San Francisco, CA , July 26-28, 2015.
000205090 520__ $$aThis paper explores the returns to grain producers and processors of expending efforts to determine hedge ratios.  We use cash and futures prices from Barchart.com and multi-location cash prices from the Daily Grain Review to determine if location-specific hedge ratios are superior to hedge ratios estimated for a central location then used for hedging at the specific location.  We find that the price-risk management capabilities of single location hedge ratios computed the Barchart data perform well in hedging grains at other locations.  This suggests that producers and processors should not invest heavily in determining precise hedge ratios that apply to a particular location.  In other words, “good enough” hedge ratios are in fact good enough.
000205090 542__ $$fLicense granted by Roger Dahlgran (dahlgran@u.arizona.edu) on 2015-05-22T16:28:24Z (GMT):

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000205090 650__ $$aAgribusiness
000205090 650__ $$aFinancial Economics
000205090 650__ $$aMarketing
000205090 650__ $$aRisk and Uncertainty
000205090 6531_ $$ahedging
000205090 6531_ $$across-hedging
000205090 6531_ $$alocalized basis
000205090 6531_ $$aprice-risk management
000205090 700__ $$aDahlgran, Roger A.
000205090 773__ $$d2015
000205090 8564_ $$s111715$$uhttp://ageconsearch.umn.edu/record/205090/files/Dahlgran%20AAEA%20WAEA%202015%20selected%20paper.pdf
000205090 887__ $$ahttp://purl.umn.edu/205090
000205090 909CO $$ooai:ageconsearch.umn.edu:205090$$pGLOBAL_SET
000205090 912__ $$nSubmitted by Roger Dahlgran (dahlgran@u.arizona.edu) on 2015-05-22T16:50:57Z
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  Previous issue date: 2015
000205090 982__ $$gAgricultural and Applied Economics Association>2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California
000205090 980__ $$a330