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Simple And Multiple Cross Hedging Of Rice Bran

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  • Elam, Emmet W.
  • Miller, Stephen E.

Abstract

The feasibility of forward pricing sales of rice bran via crosshedging is investigated. Corn, oats, wheat, and soybean meal futures are considered as simple and multiple cross-hedging media. Sinmulation results indicate that simple cross-hedging using corn futures would be most effective in reducing price risks.

Suggested Citation

  • Elam, Emmet W. & Miller, Stephen E., 1984. "Simple And Multiple Cross Hedging Of Rice Bran," 1984 Annual Meeting, August 5-8, Ithaca, New York 279084, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea84:279084
    DOI: 10.22004/ag.econ.279084
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    References listed on IDEAS

    as
    1. Miller, Stephen E., 1980. "Beef Price Hedging Opportunities For Food Service Institutions," Journal of Food Distribution Research, Food Distribution Research Society, vol. 11(3), pages 1-6, September.
    2. William G. Tomek & Roger W. Gray, 1970. "Temporal Relationships Among Prices on Commodity Futures Markets: Their Allocative and Stabilizing Roles," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(3), pages 372-380.
    3. Anne E. Peck, 1975. "Hedging and Income Stability: Concepts, Implications, and an Example," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(3), pages 410-419.
    Full references (including those not matched with items on IDEAS)

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