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Virginia Tech

Cross-Hedging Bison with Live Cattle Futures

Abstract

dc:description.abstract

Bison production is an emerging retail meat industry. As demand increases, it creates opportunity for supply-side growth. However, the bison market is volatile and the potential for a drop in the value of bison makes price risk an important factor for producers. Following price risk theory, hedging opportunities for bison producers are investigated using the live cattle futures contract. For the time periods researched, there is no clear evidence that cross-hedging reduces price risk for bison producers. However, there is a possibility that after the bison industry becomes more established and consumer knowledge plays lesser of a role in prices, cross-hedging strategies will be advantageous to producers.

Degree

thesis:*
Name thesis:degree_name
Master of Science
Level thesis:degree_level
masters
Discipline thesis:degree_discipline
Agricultural and Applied Economics
Department dc:contributor.department
Agricultural and Applied Economics
Grantor dc:publisher
Virginia Tech
Year dc:date.issued
2014

Author and committee

dc:creator, dc:contributor.*
Author dc:creator
  • Movafaghi, Olivia Shahrzad
Chair dc:contributor.committeechair
  • Blank, Steven C.
Committee members dc:contributor.committeemember
  • Carter, Colin A.
  • Grant, Jason H.

Subjects

dc:subject × 5

Rights

dc:rights
Statement dc:rights
  • In Copyright

Identifiers

dc:identifier.*
Dc Identifier Other
vt_gsexam:3387
OAI identifier oai:identifier
oai:vtechworks.lib.vt.edu:10919/50205

Chain of custody

source
Harvested from
Virginia Tech
Base URL
vtechworks.lib.vt.edu/oai/request
Last updated
2026-07-22
Source record
OAI-PMH GetRecord
citation

Movafaghi, Olivia Shahrzad. Cross-Hedging Bison with Live Cattle Futures. masters thesis, Virginia Tech, 2014. http://hdl.handle.net/10919/50205