Impacts of Changes in Market Fundamentals and Price Momentum on Hedging Live Cattle

Basis prediction errors for live cattle in the five major Mandatory Livestock Price Reporting areas are analyzed to determine how shifts in the live cattle market fundamentals and contemporaneous market conditions, including price momentum, impact ability to hedge. Results reveal that thinness of th...

Full description

Bibliographic Details
Main Authors: Brian K. Coffey, Glynn T. Tonsor, Ted C. Schroeder
Format: Article
Language:English
Published: Western Agricultural Economics Association 2018-01-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/267607