@article{Sarassoro:172797,
      recid = {172797},
      author = {Sarassoro, Gboroton F. and Leuthold, Raymond M.},
      title = {Managing multiple international risks simultaneously with  an optimal hedging model},
      journal = {Agricultural Economics: The Journal of the International  Association of Agricultural Economists},
      address = {1991-10},
      number = {968-2016-75134},
      pages = {18},
      year = {1991},
      abstract = {A risk management model based on portfolio theory which  accounts jointly for price,
quantity, interest rate and  exchange rate risks is developed and applied to cocoa and  coffee
production and exports in the Ivory Coast. Utilizing  commodity and financial futures
markets jointly, the  results show that a government export agency can reduce  risks from
27% to 89% by following a multicommodity hedging  program which manages several risks
simultaneously. The  model and technique developed are applicable to many  multiproduct
firm and international risk management  situations.},
      url = {http://ageconsearch.umn.edu/record/172797},
      doi = {https://doi.org/10.22004/ag.econ.172797},
}