Library

  • Open in new window

    Using Serial (Odd) Month Live Cattle Futures Contracts

    Matthew Diersen (April, 2003)
    Summary

    The Chicago Mercantile Exchange (CME) recently introduced serial futures contracts for live cattle. Essentially, this means contracts will be available for each month of the year. An obvious benefit of the additional contracts is a potential reduction in basis risk. In this paper, serial contracts are examined to determine their usefulness to hedgers. Then, basis levels and risk are examined.

  • Details

    Organization
    South Dakota State University Extension
    Publisher
    South Dakota State University
    Published
    April, 2003
    Material Type
    Written Material