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Ledger provision in hog marketing contracts

Author

Listed:
  • David A. Hennessy
  • Donald Lien

Abstract

Keywords: Commodity option, Contract production, Forward rate agreement

Suggested Citation

  • David A. Hennessy & Donald Lien, 2006. "Ledger provision in hog marketing contracts," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 66(1), pages 77-89, May.
  • Handle: RePEc:eme:afrpps:00214660680001181
    DOI: 10.1108/00214660680001181
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    References listed on IDEAS

    as
    1. Fudenberg, Drew & Holmstrom, Bengt & Milgrom, Paul, 1990. "Short-term contracts and long-term agency relationships," Journal of Economic Theory, Elsevier, vol. 51(1), pages 1-31, June.
    2. Dickinson, David L. & Bailey, DeeVon, 2002. "Meat Traceability: Are U.S. Consumers Willing To Pay For It?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 27(2), pages 1-17, December.
    3. Hall, Brian J. & Murphy, Kevin J., 2002. "Stock options for undiversified executives," Journal of Accounting and Economics, Elsevier, vol. 33(1), pages 3-42, February.
    4. Philippe Aghion & Patrick Bolton, 1992. "An Incomplete Contracts Approach to Financial Contracting," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(3), pages 473-494.
    5. Nigel Key & William McBride, 2003. "Production Contracts and Productivity in the U.S. Hog Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 121-133.
    6. Richard L. Kilmer & Anouk M. Andre & Thomas J. Stevens, 2001. "Pesticide residues and vertical integration in Florida strawberries and tomatoes," Agribusiness, John Wiley & Sons, Ltd., vol. 17(2), pages 213-226.
    7. Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
    8. Bruce L. Gardner, 1977. "Commodity Options for Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(5), pages 986-992.
    9. repec:bla:etrans:v:9:y:2001:i:1:p:1-27 is not listed on IDEAS
    10. James Unterschultz & Frank Novak & Donald Bresee & Stephen Koontz, 1998. "Design, pricing, and returns of short‐term hog marketing window contracts," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 18(6), pages 723-742, September.
    11. Hilliard, Jimmy E. & Reis, Jorge, 1998. "Valuation of Commodity Futures and Options under Stochastic Convenience Yields, Interest Rates, and Jump Diffusions in the Spot," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 33(1), pages 61-86, March.
    12. Miltersen, Kristian R. & Schwartz, Eduardo S., 1998. "Pricing of Options on Commodity Futures with Stochastic Term Structures of Convenience Yields and Interest Rates," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 33(1), pages 33-59, March.
    13. Xu, Cheng-Gang & Maskin, Eric, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Donald Lien & David A. Hennessy, 2005. "Evaluating the Saskatchewan Short-Term Hog Loan Program," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 05-wp385, Center for Agricultural and Rural Development (CARD) at Iowa State University.

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