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Book Pre harvest Marketing Strategies for Corn and Soybeans

Download or read book Pre harvest Marketing Strategies for Corn and Soybeans written by João Gomes Martines Filho and published by . This book was released on 1996 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pairwise Pearson correlation analysis found that there was almost no correlation between pre-harvest hedge ratios generated by the models and that recommended by market advisors. The overall average value of the correlation between the recommendations of advisors and the ratios generated by models never exceeded 0.06.

Book Risk and Return Comparisons of Pre harvest Marketing Strategies

Download or read book Risk and Return Comparisons of Pre harvest Marketing Strategies written by John Leander Turner V and published by . This book was released on 2018 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes risk and returns associated with pre-harvest corn grain marketing strategies for the state of Arkansas. Farming is characterized by a volatile environment. Numerous risks are taken by producers in order to provide commodities that are bought and sold by various parties in the supply chain. Price, yield, and production costs vary daily and can have large variation between years. Risk and Return Comparisons of Pre-harvest Marketing Strategies examines the effectiveness of using pre-harvest marketing strategies to enhance returns and to mitigate inherent price risk in the Memphis cash corn market. Thirteen strategies are compared to the October 1 Memphis, spot price and are examined through multiple parametric and nonparametric statistical tests. To supplement the statistical findings, coefficients of variation for each strategy's annual average price received, profit per bushel, and profit per acre are compared. The nonparametric results reveal that there are significant differences in some pre-harvest marketing strategies for the state of Arkansas from marketing grain on the cash market at Memphis. The coefficient of variation comparison backs up these findings by revealing that strategies have historically had different risk and return profiles from the 2001-2017 period. We also determined that World Agricultural Supply and Demand Estimate reports released by the USDA have a significant effect on price level after their release, and proposed strategies implemented based on these reports to test if marketing after the release dates allows for returns greater than at the harvest cash price with less variation.

Book Risk Return of Farmer elevator Contracts for Soybeans and Corn in Arkansas

Download or read book Risk Return of Farmer elevator Contracts for Soybeans and Corn in Arkansas written by Marei Undine Houpert and published by . This book was released on 2013 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Arkansas the contribution of Agriculture to the states GDP is comparatively high. To help farmer's return risk the grain industry developed several marketing tools to support farmers. Literature in this research field finds different results for different locations, commodities, marketing tools and marketing years. As Agriculture in Arkansas is important for its economy this study focuses on soybeans and corn produced in the fertile north-eastern area of Arkansas that uses Memphis Tennessee as a spot market palace. The examined marketing tools are pre-harvest futures hedges and forward contracts as well as post-harvest storage strategies and minimum price contracts. All those strategies are compared with the base strategy of harvest cash sales. Additionally, a profit margin rule with three targeted cost of production (COP) coverage levels are applied to each marketing tool resulting in 13 separate marketing strategies. The COP levels chosen are 100%, 125% and 150%. Using a simulation approach, 48000 daily price sequences are generated based upon historical price observations from 2001 to 2012 to reflect a range of potential representative market conditions. So, for each pre-harvest and post-harvest marketing year 1000 iterations of daily cash and futures price sequences are simulated for each commodity, and 312000 net returns across all strategies created. These net returns are grouped by strategy into 12 observation/year samples and 26000 sample mean net returns and sample standard deviations of net returns are measured. An ANOVA analysis is employed to provide parameter estimates for the categorical variables, commodity type and marketing strategy. The results indicate that pre-harvest marketing strategies, on average generate higher net returns than cash sales at harvest. The post-harvest strategies show a good reduction in the average standard deviation of net returns but with lower average mean net returns compared with selling the un-hedged cash crop at harvest.

Book Preharvest Soybean Marketing Strategies

Download or read book Preharvest Soybean Marketing Strategies written by and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ... provides strategies for using the futures market to obtain higher prices for soybeans.

Book Basic Trading Strategies and Returns to Storage

Download or read book Basic Trading Strategies and Returns to Storage written by Janat Bektemirova and published by . This book was released on 2014 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis research evaluates post-harvest grain marketing strategies such as basis trading and basis trading with pre-spreads at different cost of carry coverage levels. Although this empirical analysis is done from grain elevators perspective for storing corn and soybeans, these strategies are also applicable to farmers seeking post-harvest period marketing strategies to hedge stored grain. However, considering the volume of grains stored by elevators, and hence the high levels of price risk associated with this business model, the marketing strategies considered in this thesis are most pertinent to grain elevators. Paired t-test results indicate that corn basis trading at harvest and pre-spreading at 150% cost of carry level at pre-harvest time yield statistically similar mean net returns to post-harvest storage (up to 185 days), whereas other corn pre-spreading levels such as 125% and 100% yield significantly lower mean net returns. In addition, basis trading corn results in lower net returns variance than storing it un-hedged, and hence, a less risky post-harvest strategy. Results for soybean storage indicate adverse outcomes from basis trading and pre-spreading strategies over long storage periods, as cumulative mean net returns tend to significantly decrease beyond trading day 40 of storage period. Although variances of net returns do not significantly change over the 60 day storage period, they do so after this period, especially when hedged with May and July soybean futures contracts. However, soybean results support the use of pre-spreading100 with more deferred contracts approximately for 40 day storage period, where mean returns are significantly higher than basis trading returns. We highlight outcomes from un-hedged storage and find significantly positive mean net returns beyond 60 days. For grain elevators in North Central Illinois un-hedged soybean storage generated significantly positive and increasing returns over a 60-185 day storage period. Although un-hedged corn storage also yielded positive returns 60% of the time (between storage days 60-175), wide confidence intervals close to zero indicate that, on average, net returns over these days are only marginally significant.

Book The Marketing Style of Advisory Services for Corn and Soybeans in 1995

Download or read book The Marketing Style of Advisory Services for Corn and Soybeans in 1995 written by Roberto Bertoli and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1995 marketing styles for the 25 market advisory service programs included in the AgMAS Project were developed in two steps. The first step was the construction of a detailed "menu" of the tools and strategies used by each of the advisory programs in marketing corn and soybeans. The menu describes the type of pricing tool, frequency of transactions, and magnitude of transactions. The second step was the development of a daily index of the net amount sold by each market advisory program. To construct such an index, the various futures, options, and cash positions recommended for a program on a given day were weighted by the respective position "delta." When the daily values of the index were plotted for the entire marketing period, the marketing "profile" for a program was generated. The results show that advisory programs made a relatively small number of recommendations that primarily involved cash marketing strategies, not futures and options, non-cash marketing recommendations were typically held open for a short period of time, and the pre-harvest amount sold averaged 35 percent for corn and 30 percent for soybeans.

Book Alternative Marketing Strategies for Corn and Soybeans

Download or read book Alternative Marketing Strategies for Corn and Soybeans written by Arthur B. Sogn and published by . This book was released on 1981 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Using the Futures Market to Develop a Post harvest Soybean Marketing Plan

Download or read book Using the Futures Market to Develop a Post harvest Soybean Marketing Plan written by Roger K. Wilson and published by . This book was released on 1999 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Marketing for Farmers

Download or read book Marketing for Farmers written by Gene A. Futrell and published by . This book was released on 1982 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Louisiana Agriculture

Download or read book Louisiana Agriculture written by and published by . This book was released on 2003 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: