IDEAS home Printed from https://ideas.repec.org/p/ags/nc8191/285716.html
   My bibliography  Save this paper

Compatibility of Government Guarantees with Flexibility in Canadian Wheat Price Pooling

Author

Listed:
  • Unterschultz, James
  • Novak, Frank

Abstract

Financial option theory is used to evaluate Canadian Wheat Board (CWB) price pooling and associated government guarantees. Price guarantees and final payments on the pool can be viewed as special financial derivative products. Financial models are used to evaluate pricing flexibility alternatives within the constrains of the CWB price pooling system and at the same time to provide a measure of the CWB dollars at risk associated with offering these contracts. Flexible pricing alternatives may not be compatible with a government price guarantee. The CWB dollar risk of flexible pricing could be substantial.

Suggested Citation

Handle: RePEc:ags:nc8191:285716
DOI: 10.22004/ag.econ.285716
as

Download full text from publisher

File URL: https://ageconsearch.umn.edu/record/285716/files/confp24-98.pdf
Download Restriction: no
File URL: https://libkey.io/10.22004/ag.econ.285716?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:nc8191:285716. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.farmdoc.illinois.edu/nccc134/ .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.