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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UKnowledge
2006
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Online Access: | http://uknowledge.uky.edu/gradschool_theses/177 http://uknowledge.uky.edu/cgi/viewcontent.cgi?article=1179&context=gradschool_theses |