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Memorias de investigación
Artículos en revistas:
Feasibility of a Cash Forward Contract: An Application to the French and Spanish Potato Sectors.
Año:2007
Áreas de investigación
  • Política agraria,
  • Economía aplicada
Datos
Descripción
This study examines a cash forward contract that a growers'cooperative or association may offer producers to lock in a fixed price for their output+ To cover the forward contract¿s risks, the cooperative would set up a stabilization fund, and as an option, may hedge with futures contracts. The authors evaluate both strategies¿ costs, which would be charged to the growers signing in the CFC in the form of a fee+ By comparing this fee with farmers' willingness to pay, it is determined whether growers' would be interested in the forward contract. The scheme is tested on a selection of Spanish and French potato varieties, with reference to the "April" futures contracts traded on the Amsterdam exchange. The authors conclude that hedging with futures may help to reduce the cooperative's exposure to financial risk, but, on average, the stabilization fund alone is more effective without hedging+ Risk-averse growers may be interested in CFCs to reduce their revenue instability
Internacional
Si
JCR del ISI
No
Título de la revista
Agribusiness: an International Journal
ISSN
0742-4477
Factor de impacto JCR
0
Información de impacto
Volumen
23
DOI
Número de revista
2
Desde la página
245
Hasta la página
261
Mes
SIN MES
Ranking
Esta actividad pertenece a memorias de investigación
Participantes
  • autor: María Bielza-Díaz (JRC - Italia)
  • Autor: Jose Maria Sumpsi Viñas (UPM)
  • Autor: Alberto Garrido Colmenero (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Economía Agraria y Gestión de los Recursos Naturales
  • Departamento: Economía y Ciencias Sociales Agrarias
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