What Drvies How Much Crop Producers Sell in Spot, Forward, and Futures Markets?

J.R.V. Franken, J.M.E. Pennings, P. Garcia

Research output: Contribution to conferenceConference paperAcademicpeer-review

Abstract

Crop producers have numerous marketing and risk management tools available. Research relating producers’ risk attitudes to their use of these tools has produced mixed results, and most studies focus on individual tools to the neglect of complementarities among them. Hence, little is known about the proportion in which these tools are used, e.g., the percentage of the crop that is forward sold as opposed to hedged. This study identifies some factors, including risk attitude, that impact the proportion of corn producers’ sales through spot markets, futures and options, and forward and production contracts using complementary survey and accounting data
Original languageEnglish
Pages1-26
Publication statusPublished - 2009
EventAgricultural & Applied Economics Association 2009 AAEA & ACCI Joint Annual Meeting, Milwaukee, Wisconsin, USA -
Duration: 26 Jul 200928 Jul 2009

Conference/symposium

Conference/symposiumAgricultural & Applied Economics Association 2009 AAEA & ACCI Joint Annual Meeting, Milwaukee, Wisconsin, USA
Period26/07/0928/07/09

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