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Risk management in agriculture : : Guide to futures, options, and swaps / Lowell B. Catlett, James D. Libbin

Tác giả : Lowell B. Catlett, James D. Libbin

Nhà xuất bản : Thomson Delmar Learning

Năm xuất bản : 2007

Nơi xuất bản : Clifton Park, NY

Mô tả vật lý : xiii, 207 p. : ill. ; 27 cm

ISBN : 9781401814410

Số phân loại : 630.681

Chủ đề : 1. Giá nông sản -- Hoa Kỳ. 2. Kỳ hạn giao dịch hàng hóa -- Hoa Kỳ. 3. Kỳ hạn -- Hoa Kỳ. 4. Quản lý rủi ro -- Hoa Kỳ. 5. Quyền lựa chọn ( tài chính ) -- Hoa Kỳ. 6. Agricultural prices -- United States. 7. Commodity futures -- United States. 8. Futures -- United States. 9. Options (Finance) -- United States. 10. Risk management -- United States. 11. Nông nghiệp. 12. Tổ chức tài chính.

Thông tin chi tiết

Tóm tắt :

Risk Management for Agriculture addresses the issue of price risk as a management function versus a marketing function. Price risks impact not only the marketing of a product but the cash flow and the overall financial health of the business. The use of derivatives such as futures contracts, options contracts, and swaps need to be viewed as tools that can be used solely or in combinations to control price risk. Each of these derivatives and subsequent combinations is examined closely and comprehensively within the text. Price forecasting is addressed as well as fundamentals of futures hedging and options hedging. There is a complete glossary of terms at the end of the text to help reinforce the terms that are used throughout. Although price risk is the focus of the text, there is also a chapter devoted to the management of other agricultural risks. Students and professionals will benefit from this text that takes a comprehensive, management approach to price risk.

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