BASIS VARIABILITY AND ITS EFFECTS ON HEDGING EFFICIENCY FOR KENTUCKY FEEDER CATTLE

Kentucky plays a vital role in the beef supply chain. The cow/calf producers,back-grounding operations, and order buying industry are important parts of Kentucky'sagricultural economy. Basis risk is an issue that affects these groups in a negative way. Agood estimate of the expected basis must...

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Bibliographic Details
Main Author: Routt, Nathaniel J.
Format: Others
Published: UKnowledge 2006
Subjects:
Online Access:http://uknowledge.uky.edu/gradschool_theses/177
http://uknowledge.uky.edu/cgi/viewcontent.cgi?article=1179&context=gradschool_theses