EMPIRICAL EVALUATION OF SELECTED HEDGING STRATEGIES FOR CATTLE FEEDERS

William D. Gorman, Thomas R. Schuneman, Lowell B. Catlett, N. Scott Urquhart, G. Morris Southward

AgEcon Search (University of Minnesota, USA) · 1982 · 12 citations · 1 references

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Abstract

Several hedging strategies for fat cattle are compared using actual feedlot performance information for a period of 6.5 years and 747 pens of fat cattle. Results show that cattle feeding was not profitable (a $24.50 per head cash market loss) but a carefully chosen hedging strategy could have reduced the loss by 50 percent.

References

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