agricultural economics, wheat production, crop contracts
Previous hedging portfolio estimation have not explicitly tested for the effect of a widening and narrowing basis on the optimal hedge ratios. Evidence was found that winter wheat producers on the northern Great Plains may be able to hedge more effectively on the Minneapolis spring wheat contract.
Department of Economics, South Dakota State University
Number of Pages
Stowater, Tyler and Schmiesing, Brian, "An Alternative Portfolio Estimation Procedure as Applied of Wheat Hedging" (1986). Economics Staff Paper Series. 43.