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A Model Of Grain Storage And Hedging By Farmers

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  • Hildreth, Clifford

Abstract

The model analyzed represents circumstances as faced by a grain farmer when his harvest is known and he is making storage and hedging decisions. The scope of the analysis is limited in several respects. A one-period model is employed; only a limited number of options are recognized; and interrelations between the grain enterprise and other economic activities of the decision maker are neglected.

Suggested Citation

  • Hildreth, Clifford, 1976. "A Model Of Grain Storage And Hedging By Farmers," Staff Papers 14083, University of Minnesota, Department of Applied Economics.
  • Handle: RePEc:ags:umaesp:14083
    DOI: 10.22004/ag.econ.14083
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    References listed on IDEAS

    as
    1. Hildreth, Clifford & Tesfatsion, Leigh, 1977. "A note on dependence between a venture and a current prospect," Journal of Economic Theory, Elsevier, vol. 15(2), pages 381-391, August.
    2. Leland, Hayne E., 1972. "On the existence of optimal policies under uncertainty," Journal of Economic Theory, Elsevier, vol. 4(1), pages 35-44, February.
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    Marketing;

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