@article{Flaskerud:190716, recid = {190716}, author = {Flaskerud, George}, title = {Price Risk Management Strategies for Sunflowers}, journal = {Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers)}, address = {2005}, number = {387-2016-22872}, pages = {10}, year = {2005}, abstract = {Price risk management strategies are analyzed for NuSunTM oil sunflower producers. Correlations indicate that changes in NuSun prices are the most closely correlated with canola futures. Soybean oil futures were a distant, secondbest correlation. A cross-hedge ratio of .99 hundredweight of November canola futures was derived for October. With December soybean oil futures, the cross-hedge ratio was .33 hundredweight. On the basis of net price received, seven strategies ranked better than harvest sales only. Soybean oil futures performed somewhat better across all strategies, but with somewhat higher variability on average. The analysis was based on 1997-2004 data.}, url = {http://ageconsearch.umn.edu/record/190716}, doi = {https://doi.org/10.22004/ag.econ.190716}, }