Food security in LDC's: cost of alternative cash and futures strategies

The feasibility of Less Developed Countries (LDC) using the U.S. wheat futures market as an alternative strategy to reduce the cost of maintaining a more stable supply of food grains was investigated. India was used as a case study. A technical trading strategy for wheat futures, involving moving averages, was employed. Results from this technical approach were compared with more traditional approaches involving storage operations, periodic buying of grain needs, and a hedging strategy based on reports of world and India crop expectations. Both hedging strategies reduced the cost of securing wheat to offset production shortfalls. The technical hedging strategy was the superior approach.

Name thesis:degree_name

Master of Science

Level thesis:degree_level

masters

Discipline thesis:degree_discipline

Agricultural Economics

Department dc:contributor.department

Agricultural Economics

Grantor dc:publisher

Virginia Polytechnic Institute and State University

Year dc:date.issued

1982

Author dc:creator

• Forkkio, John A.

Statement dc:rights

• In Copyright

Licence dc:rights.uri

• http://rightsstatements.org/vocab/InC/1.0/

Language dc:language.iso

en_US

Handle dc:identifier.uri

http://hdl.handle.net/10919/80151

OAI identifier oai:identifier

oai:vtechworks.lib.vt.edu:10919/80151