IDEAS home Printed from https://ideas.repec.org/a/ags/jasfmr/190716.html
   My bibliography  Save this article

Price Risk Management Strategies for Sunflowers

Author

Listed:
  • Flaskerud, George

Abstract

Price risk management strategies are analyzed for NuSunTM oil sunflower producers. Correlations indicate that changes in NuSun prices are the most closely correlated with canola futures. Soybean oil futures were a distant, secondbest correlation. A cross-hedge ratio of .99 hundredweight of November canola futures was derived for October. With December soybean oil futures, the cross-hedge ratio was .33 hundredweight. On the basis of net price received, seven strategies ranked better than harvest sales only. Soybean oil futures performed somewhat better across all strategies, but with somewhat higher variability on average. The analysis was based on 1997-2004 data.

Suggested Citation

  • Flaskerud, George, 2005. "Price Risk Management Strategies for Sunflowers," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2005, pages 1-10.
    • Handle: RePEc:ags:jasfmr:190716
    DOI: 10.22004/ag.econ.190716
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/190716/files/233.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.190716?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Flaskerud, George, 2006. "Field Pea and Lentil Marketing Strategies for Northern Plains Producers," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2006, pages 1-9.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jasfmr:190716. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/asfmrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.