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Wheat Futures as a Tool of Cost Advantage in the Bakery Sector

Author

Listed:
  • Slawomir Juszczyk

    (Warsaw University of Life Sciences – SGGW a)

  • Rafal Balina

    (Warsaw University of Life Sciences – SGGW a)

Abstract

The article presents the example of using relations between the price of wheat flour sold by the milling companies and the price of wheat futures listed on the FOREX market to protect the companies from bakery sector against adverse price movements of raw material – wheat flour. The paper aims to present a method which can help to reduce risk of changes wheat flour price in the market by using wheat futures traded at FOREX market.

Suggested Citation

  • Slawomir Juszczyk & Rafal Balina, 2011. "Wheat Futures as a Tool of Cost Advantage in the Bakery Sector," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    • Handle: RePEc:mgt:micp11:51-58
    as

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