Hedging Milk with BFP Futures and Options
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Basic Formula Price (BFP) milk futures and options can be used to hedge, or lock in, milk prices in order to manage milk price fluctuations. This publication offers information on futures contracts, basis, cash settlement and margin call. There also is a hedging example.
Description4 pp., 1 figure, 1 table
Anderson, David P.; McCorkle, Dean; Schwart Jr., Robert B.; Jones, Rodney (1999). Hedging Milk with BFP Futures and Options. Available electronically from