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 f...

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Bibliographic Details
Main Author: Claus, Lora Hamerschlag
Other Authors: Agricultural and Applied Economics
Format: Others
Published: Virginia Tech 2014
Subjects:
Online Access:http://hdl.handle.net/10919/31578
http://scholar.lib.vt.edu/theses/available/etd-03302005-194456/
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spelling ndltd-VTETD-oai-vtechworks.lib.vt.edu-10919-315782020-09-26T05:38:39Z Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances Claus, Lora Hamerschlag Agricultural and Applied Economics Purcell, Wayne D. Kenyon, David E. Reaves, Dixie Watts moving average cattle risk hedging alliance 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 2014-03-14T20:32:59Z 2014-03-14T20:32:59Z 2003-02-14 2005-03-30 2005-05-24 2005-05-24 Thesis etd-03302005-194456 http://hdl.handle.net/10919/31578 http://scholar.lib.vt.edu/theses/available/etd-03302005-194456/ LHC.pdf In Copyright http://rightsstatements.org/vocab/InC/1.0/ application/pdf Virginia Tech
collection NDLTD
format Others
sources NDLTD
topic moving average
cattle
risk
hedging
alliance
spellingShingle moving average
cattle
risk
hedging
alliance
Claus, Lora Hamerschlag
Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
description 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
author2 Agricultural and Applied Economics
author_facet Agricultural and Applied Economics
Claus, Lora Hamerschlag
author Claus, Lora Hamerschlag
author_sort Claus, Lora Hamerschlag
title Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
title_short Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
title_full Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
title_fullStr Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
title_full_unstemmed Proft Maximizing Hedging Strategies for Managers and Members of Vertical Beef Alliances
title_sort proft maximizing hedging strategies for managers and members of vertical beef alliances
publisher Virginia Tech
publishDate 2014
url http://hdl.handle.net/10919/31578
http://scholar.lib.vt.edu/theses/available/etd-03302005-194456/
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