| Type of Document |
Master's Thesis |
| Author |
Claus, Lora Hamerschlag
|
| URN |
etd-03302005-194456 |
| Title |
Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances |
| Degree |
Master of Science |
| Department |
Agricultural and Applied Economics |
| Advisory Committee |
| Advisor Name |
Title |
| Purcell, Wayne D. |
Committee Chair |
| Kenyon, David E. |
Committee Member |
| Reaves, Dixie Watts |
Committee Member |
|
| Keywords |
- moving average
- cattle
- risk
- hedging
- alliance
|
| Date of Defense |
2003-02-14 |
| Availability |
unrestricted |
Abstract
Vertical alliances are an increasingly common form of organization for participants in the beef industry. The implications of combining feeding and packing margins into one alliance are investigated. Moving average based selective hedging strategies are used to hedge the major inputs and outputs for cattle owners and packers to improve the level of mean revenue to the alliance. The success of the hedging program is evaluated from mean-variance and cash-flow perspectives.
|
| Files |
| Filename |
Size |
Approximate Download Time
(Hours:Minutes:Seconds)
|
| 28.8 Modem |
56K Modem |
ISDN (64 Kb) |
ISDN (128 Kb) |
Higher-speed Access |
| |
LHC.pdf |
792.92 Kb |
00:03:40 |
00:01:53 |
00:01:39 |
00:00:49 |
00:00:04 |
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