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Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances

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. / Master of Science

Identiferoai:union.ndltd.org:VTETD/oai:vtechworks.lib.vt.edu:10919/31578
Date24 May 2005
CreatorsClaus, Lora Hamerschlag
ContributorsAgricultural and Applied Economics, Purcell, Wayne D., Kenyon, David E., Reaves, Dixie Watts
PublisherVirginia Tech
Source SetsVirginia Tech Theses and Dissertation
Detected LanguageEnglish
TypeThesis
Formatapplication/pdf
RightsIn Copyright, http://rightsstatements.org/vocab/InC/1.0/
RelationLHC.pdf

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