BASIS RISK FOR RICE

Lord, Yoshie Saito; Turner, Steven C.

doi:10.22004/ag.econ.20886

BASIS RISK FOR RICE

The objective of this paper is to develop a cross hedging model for rice that minimizes basis risk and accounts for the existence of the nonstationary nature of basis. Basis is treated as an endogenous variable and model for basis risk are developed.

Subject(s):

Financial Economics
Risk and Uncertainty

Issue Date:

1998

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.20886

Record Identifier:

https://ageconsearch.umn.edu/record/20886

PURL Identifier:

http://purl.umn.edu/20886