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An Application Of Risk Analysis: Localized Corn And Soybean Price Distributions

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  • Nefstead, Ward E.

Abstract

This paper examines the spatial elements of marketing grain. The decision of " where" to market has been ignored due to data limitations and lack of necessity. The author will incorporate localized probability distributions of price/basis in an Excel spreadsheet using @RISK which will evaluate marketing decisions for producers.

Suggested Citation

  • Nefstead, Ward E., 2000. "An Application Of Risk Analysis: Localized Corn And Soybean Price Distributions," 2000 Annual meeting, July 30-August 2, Tampa, FL 21774, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21774
    DOI: 10.22004/ag.econ.21774
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    File URL: https://ageconsearch.umn.edu/record/21774/files/sp00ne02.pdf
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    References listed on IDEAS

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    1. Larry S. Lev & Robert P. King, 1995. "MarketTools: An educational commodity marketing game," Agribusiness, John Wiley & Sons, Ltd., vol. 11(2), pages 187-193.
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