Spatial Competition, Arbitrage, and Risk in U.S. Soybeans

Spatial Competition, Arbitrage, and Risk in U.S. Soybeans

This paper analyzes spatial arbitrage and vertical integration of a U.S. soybean-trading firm. A risk-constrained optimization model using Monte Carlo simulation and copula joint distributions is specified. Results show that spatial-arbitrage payoffs vary regionally. Sensitivity results indicate tha...

Full description

Bibliographic Details
Main Authors: Kristopher Skadberg, William W. Wilson, Ryan Larsen, Bruce Dahl
Format: Article
Language:English
Published: Western Agricultural Economics Association 2015-05-01
Series:Journal of Agricultural and Resource Economics
Subjects:
agricultural subsidies
crop insurance premiums
farmer welfare
risk management agency
Online Access:https://ageconsearch.umn.edu/record/210550

Similar Items

Similar Items