Price Risk Management by Futures Markets and Public Warehousing
Price Risk Management by Futures Markets and Public Warehousing
Fájlok
Dátum
Szerzők
Kozár, László
Fodor, Lóránt
Folyóirat címe
Folyóirat ISSN
Kötet címe (évfolyam száma)
Kiadó
Faculty of Agricultural and Food Sciences and Enviromental Management of the Debrecen University, Debrecen.
Absztrakt
Leírás
The principal achievement of this paper is the combinative use of two market institutions: public warehousing and commodity exchange and how their joint application is beneficial for the players on the grain market. Based on a theoretical foundation, a calculation model was developed in order to assist short and long-term marketing decisions. It allows all the three participants of the market: producers, consumers and traders, to use this model in order to establish their own business strategy. The model can be used to analyse factors influencing the establishment of price; therefore, it can be also used for policy-making decisions.
Kulcsszavak
Public Warehousing, Commodity Exchange, grain marketing, Lombard financing