Inventory and Transformation Hedging Effectiveness in Corn Crushing
Recently developed ethanol futures contracts now allow direct-hedging by ethanol producers. This study examines the effectiveness of one-through eight-week hedges between 2005 and 2008. Our findings show (a) ethanol inventory hedging effectiveness is significant for two-week and longer hedges, and i...
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| Autor principal: | |
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| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado em: |
Western Agricultural Economics Association
2009-04-01
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| coleção: | Journal of Agricultural and Resource Economics |
| Assuntos: | |
| Acesso em linha: | https://ageconsearch.umn.edu/record/50081 |
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