Data/hora: 20/06/2024 12:43:21

Biblioteca(s): 	Embrapa Soja.	
Data corrente: 	29/10/1992	
Data da última atualização: 	21/08/2009	
Autoria: 	WILSON; W. W.; NELSON, J. L.	
Afiliação: 	Department of Agricultural Economics North Dakota State University, Fargo, North Dakota 58105 USA.	
Título: 	Price risk management in the sunflower industry.	
Ano de publicação: 	1985	
Fonte/Imprenta: 	In: CONFERENCIA INTERNACIONAL DE GIRASOL, 11., 1985, Mar del Plata. Actas. Mar del Plata : ASAGIR/ISA, 1985.	
Volume: 	t.2	
Páginas: 	p. 871-876.	
Idioma: 	Inglês	
Conteúdo: 	Participants in the sunflower market are exposed to price risk greater than or equal to that of other commodities. This has important implications to sunflower processors, exporters, importers, other merchants, as well as producers; all of which are exposed to the inherent price volatility and seek means to reduce their risk. Unlike processors of other commodities, who have actively traded futures markets, participants in the sunflower markets rely on some type of cash-forward market or cross-hedging into some futures market for managing price risk. Alternatives commonly used or potentialy useful for managing price risk in the sunflower market include 1) the use of some type of cash-forward market such as the Duluth FPB sunseed or the New Orleans (FOB) orRotterdam (ex-tank) sunoil markets or 2) cross-hedging in soybeans, soybean oil, soybean meal, or other futures of related commodities. Each can be used individually or in combination with others to reduce exposure to price risk. Decisions on position taking depend on the correlation between price changes and expected changes in sunflower prices relative to the alternative market prices (i.e., the basis). Portfolio analysis is used in this study to analyze the alternatives which minimize exposure to price risk in the sunflower market. This methodology is used extensively in financial analysis and has been used in risk management analysis of other commodities. This paper describes each of the alternatives with respect to practicality and use and analyzes the e
	
Palavras-Chave: 	Aspecto economico; Economic aspect; Sunflower.	
Thesagro: 	Girassol; Mercado.	
Thesaurus Nal: 	marketing.	
Categoria do assunto: 	--	
Registro original: 	Embrapa Soja (CNPSO)