An Alternative Portfolio Estimation Procedure as Applied of Wheat Hedging
Previous hedging portfolio estimations have not explicitly tested £or the effect 0£ 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....
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Published in | IDEAS Working Paper Series from RePEc |
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Main Authors | , |
Format | Paper |
Language | English |
Published |
St. Louis
Federal Reserve Bank of St. Louis
01.01.1986
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Subjects | |
Online Access | Get full text |
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Summary: | Previous hedging portfolio estimations have not explicitly tested £or the effect 0£ 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. |
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