Efficiency of Hedging Against Fluctuating Prices of Dairy Products

This paper investigates hedging and cross-hedging internationally traded milk derivative products with internationally traded commodities, recently launched New Zealand dairy futures, New Zealand agricultural products, and mature United States dairy market futures. The contribution of the paper is t...

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Bibliographic Details
Main Authors: Jan Koeman, Jędrzej Białkowski
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2015-11-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/27