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 the period 2008 to 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 offered by Agriculture Financial Services Corporation is evaluated for the September 2012 hog contract settlement.

Updated

March 1, 2014

Resources

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

More information Download
Downloads: 20

Title and publication information

Type

Report

Extent

27 pages

Frequency

Once

Publisher / Creator Information

Creator

Agriculture and Rural Development (2008-2015)

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

Audience information

Farmers General Public Industry Rural Residents

Language

English (Canadian)

Identifiers

Usage / Licence

Licence

Open Government Licence - Alberta

Contact

Available Fields

title | Title

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

name | URL

evaluation-of-business-risk-management-strategies-for-hog-production-in-alberta-2008-2012

owner_org | Publisher
```
27126bf1-0dd1-4fd4-a23c-8d83539033fd
```
alternatetitle1 | Alternative Title
alternatetitle2 | Alternative Title
alternatetitle3 | Alternative Title
seriestitle | Series Title
seriestitle2 | Series Title
seriestitle3 | Series Title

notes | Description

pubtype | Type
```
Report
```

creator | Creator

Agriculture and Rural Development (2008-2015)

contributor | Contributor
contributor2 | Contributor
contributor3 | Contributor
contributor4 | Contributor
contributor5 | Contributor
contributor6 | Contributor
contact | Contact Name
email | Contact Email
contactother | Contact Other
placeofpub | Place of Publication
```
Edmonton
```
identifier-ISBN-print | ISBN (print)
identifier-ISBN-pdf | ISBN (pdf)
identifier-ISBN-html | ISBN (html)
identifier-ISBN-cdrom | ISBN (CD-ROM)
identifier-ISBN-dvd | ISBN (DVD)
identifier-ISSN-print | ISSN (print)
identifier-ISSN-online | ISSN (online)
identifier-AGDEX-number | AGDEX number
identifier-ALIS-catno | ALIS catalogue number
identifier-NEOS-catkey | NEOS catalogue key
identifier-local | Local Identifier
published_date, | Publish on this future date.
review_date | Review Date
createdate | Date Created
```
  2014-03-01
```
issuedate | Date Issued
```
  2014-03-01
```
date_modified | Date Modified
```
  2014-03-01
```
updatefrequency | Frequency
```
Once
```
topic | Topic
```
Agriculture
```
tag_string | Tags
subject | Subject (LCSH)
subject2 | Subject (LCSH)
subject3 | Subject (LCSH)
subject4 | Subject (LCSH)
subject5 | Subject (LCSH)
subject6 | Subject (LCSH)
time_coverage_from | Start Date
time_coverage_to | End Date
spatialcoverage | Spatial Coverage
spatialcoverage2 | Spatial Coverage
spatialcoverage3 | Spatial Coverage

audience | Audience

Farmers
General Public
Industry
Rural Residents

Extent | Extent
```
27 pages
```
Extent2 | Extent
Extent3 | Extent
replacedby_title | Is Replaced By - Title
replacedby_uri | URI
replaces_title | Replaces - Title
replaces_uri | URI
hastranslation_title | Has Translation - Title
hastranslation_uri | URI
istranslation_title | Is Translation Of
istranslation_uri | URI
archivedate | Date Archived
usageconsiderations | Usage Considerations
language | Language
```
English (Canadian)
```
license_id | Licence
```
Open Government Licence - Alberta
```
sensitivity | Sensitivity
```
Unrestricted
```

Pkg Data

{'Extent': '27 pages', 'Extent2': '', 'Extent3': '', 'alternatetitle1': '', 'alternatetitle2': '', 'alternatetitle3': '', 'audience': ['Farmers', 'General Public', 'Industry', 'Rural Residents'], 'author': None, 'author_email': None, 'contact': '', 'contactother': '', 'contributor': '', 'contributor2': '', 'contributor3': '', 'contributor4': '', 'contributor5': '', 'contributor6': '', 'createdate': '2014-03-01', 'creator': ['Agriculture and Rural Development (2008-2015)'], 'creator_user_id': '5b39747a-5073-4186-a663-aa781576f549', 'date_modified': '2014-03-01', 'email': '', 'hastranslation_title': '', 'hastranslation_uri': '', 'id': '42d63bc9-8c6f-4c7b-a60b-c521dea4023e', 'identifier-AGDEX-number': '', 'identifier-ALIS-catno': '', 'identifier-ISBN-cdrom': '', 'identifier-ISBN-dvd': '', 'identifier-ISBN-html': '', 'identifier-ISBN-pdf': '', 'identifier-ISBN-print': '', 'identifier-ISSN-online': '', 'identifier-ISSN-print': '', 'identifier-NEOS-catkey': '', 'identifier-local': '', 'isopen': True, 'issuedate': '2014-03-01 00:00:00', 'istranslation_title': '', 'istranslation_uri': '', 'language': ['en-CA [default]'], 'license_id': 'OGLA', 'license_title': 'Open Government Licence - Alberta', 'license_url': 'https://open.alberta.ca/licence', 'maintainer': None, 'maintainer_email': None, 'metadata_created': '2019-12-10T21:37:08.442079', 'metadata_modified': '2023-02-08T15:21:05.365423', 'name': 'evaluation-of-business-risk-management-strategies-for-hog-production-in-alberta-2008-2012', 'notes': 'This paper assesses the magnitude of margin losses by Alberta hog producers in the period 2008 to 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 offered by Agriculture Financial Services Corporation is evaluated for the September 2012 hog contract settlement.', 'num_resources': 1, 'num_tags': 7, 'organization': {'id': '27126bf1-0dd1-4fd4-a23c-8d83539033fd', 'name': 'agricultureandruraldevelopment', 'title': 'Agriculture and Rural Development (2008-2015)', 'type': 'organization', 'description': '', 'image_url': '', 'created': '2015-05-13T08:55:37.886886', 'is_organization': True, 'approval_status': 'approved', 'state': 'active'}, 'owner_org': '27126bf1-0dd1-4fd4-a23c-8d83539033fd', 'placeofpub': 'Edmonton', 'private': False, 'pubtype': ['Report'], 'replacedby_title': '', 'replacedby_uri': '', 'replaces_title': '', 'replaces_uri': '', 'sensitivity': 'unrestricted', 'seriestitle': '', 'seriestitle2': '', 'seriestitle3': '', 'spatialcoverage': '', 'spatialcoverage2': '', 'spatialcoverage3': '', 'state': 'active', 'subject': '', 'subject2': '', 'subject3': '', 'subject4': '', 'subject5': '', 'subject6': '', 'title': 'Evaluation of business risk management strategies for hog production in Alberta (2008-2012)', 'topic': ['Agriculture'], 'type': 'publications', 'updatefrequency': 'Once', 'url': None, 'usageconsiderations': '', 'version': None, 'resources': [{'cache_last_updated': None, 'cache_url': None, 'created': '2019-12-10T21:37:52.368669', 'datastore_active': False, 'description': '', 'format': 'PDF', 'hash': '', 'haspart_title': '', 'haspart_uri': '', 'id': '6da4d043-b52e-4f0f-ae96-84a1832580aa', 'last_modified': '2019-12-10T21:37:51.426488', 'metadata_modified': '2019-12-10T21:37:52.368669', 'mimetype': None, 'mimetype_inner': None, 'name': 'Evaluation of business risk management strategies for hog production in Alberta (2008-2012)', 'package_id': '42d63bc9-8c6f-4c7b-a60b-c521dea4023e', 'position': 0, 'resource_type': None, 'serialinformation_title': '', 'serialinformation_uri': '', 'size': None, 'state': 'active', 'url': 'https://open.alberta.ca/dataset/42d63bc9-8c6f-4c7b-a60b-c521dea4023e/resource/6da4d043-b52e-4f0f-ae96-84a1832580aa/download/af-evaluation-of-business-risk-management-strategies-for-hog-production-in-alberta-2008-2012.pdf', 'url_type': 'upload', 'tracking_summary': {'total': 20, 'recent': 20}, 'has_views': False}], 'tags': [{'display_name': 'business risk management', 'id': '0bef2962-d765-46f5-90d3-04f995954a8e', 'name': 'business risk management', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'hog cash market', 'id': 'd36a1f5d-3469-47d3-b652-d8135f60d1f4', 'name': 'hog cash market', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'hog producers', 'id': 'e80bdace-eff1-4b34-868f-612ad664a15f', 'name': 'hog producers', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'hog production', 'id': 'e6c36242-cfcf-4572-bb18-e11e37f8ea76', 'name': 'hog production', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'hogs', 'id': '98e7fa4c-30a0-4ffa-a975-a104314aca80', 'name': 'hogs', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'pork industry', 'id': '0271a9d2-8b6d-4b13-a3d7-2f01ed2e4ad2', 'name': 'pork industry', 'state': 'active', 'vocabulary_id': None}, {'display_name': 'price risk management', 'id': '1ad89a26-0e21-4a71-a7cc-0eedf6c3f4a6', 'name': 'price risk management', 'state': 'active', 'vocabulary_id': None}], 'groups': [], 'relationships_as_subject': [], 'relationships_as_object': [], 'tracking_summary': {'total': 227, 'recent': 227}, 'related_list': []}

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

Description

Updated

Tags

Resources