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Evaluation of business risk management strategies for hog production in Alberta (2008-2012)

Description

This paper assesses the magnitude of margin losses by Alberta hog producers in 2008-2012 that could have been reduced or avoided had they used certain business risk management strategies. Three price risk management strategies are analysed and compared to selling hogs in the cash market: routine hedging, selective hedging, and forward contracting. In addition, the Hog Price Insurance Program (HPIP) offered by Agriculture Financial Services Corporation (AFSC) is evaluated for the September 2012 hog contract settlement.

Updated

March 1, 2014

Tags
business risk management hog cash market hog producers hog production hogs pork industry price risk management

Title and publication information

Type
Report
Extent

27 pages

Frequency

Once

Publisher / Creator Information

Publisher

Agriculture and Rural Development (2008-2015)

Place of Publication

Edmonton

Subject Information

Topic
Agriculture

Resource Dates

Date Created

2014-03-01

Date Added

2019-12-10T21:37:08.442079

Date Modified

2014-03-01

Date Issued

2014-03-01

Identifiers

Usage / Licence

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