{"id":"https://openalex.org/W1484979356","doi":"https://doi.org/10.22004/ag.econ.30729","title":"CASH FORWARD CONTRACTING VERSUS HEDGING OF FED CATTLE, AND THE IMPACT OF CASH CONTRACTING ON CASH PRICES","display_name":"CASH FORWARD CONTRACTING VERSUS HEDGING OF FED CATTLE, AND THE IMPACT OF CASH CONTRACTING ON CASH PRICES","publication_year":1992,"publication_date":"1992-01-01","ids":{"openalex":"https://openalex.org/W1484979356","doi":"https://doi.org/10.22004/ag.econ.30729","mag":"1484979356"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:ags:jlaare:30729","doi":null,"is_oa":false,"landing_page_url":"https://ageconsearch.umn.edu/record/30729/files/17010205.pdf","pdf_url":"https://ageconsearch.umn.edu/record/30729/files/17010205.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","indexed_in":["datacite","doaj"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://ageconsearch.umn.edu/record/30729","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054561948","display_name":"Emmett Elam","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Elam, Emmett W.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Elam, Emmett W.","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Elam, Emmett W.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5054561948"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.8118,"has_fulltext":true,"cited_by_count":66,"citation_normalized_percentile":{"value":0.94176403,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"17","issue":"1","first_page":"205","last_page":"217"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.6747999787330627,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.6747999787330627,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14499","display_name":"Livestock Farming and Management","score":0.23170000314712524,"subfield":{"id":"https://openalex.org/subfields/1102","display_name":"Agronomy and Crop Science"},"field":{"id":"https://openalex.org/fields/11","display_name":"Agricultural and Biological Sciences"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}},{"id":"https://openalex.org/T11805","display_name":"Agricultural economics and policies","score":0.07289999723434448,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fed-cattle","display_name":"fed cattle","score":0.8370000123977661},{"id":"https://openalex.org/keywords/basis-risk","display_name":"basis risk","score":0.9629999995231628},{"id":"https://openalex.org/keywords/feeder-cattle","display_name":"feeder cattle","score":0.675000011920929}],"concepts":[{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.8478135466575623},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.8002617359161377},{"id":"https://openalex.org/C70771513","wikidata":"https://www.wikidata.org/wiki/Q235779","display_name":"Hedge","level":2,"score":0.5873778462409973},{"id":"https://openalex.org/C2776580783","wikidata":"https://www.wikidata.org/wiki/Q5439902","display_name":"Fed cattle","level":2,"score":0.5470205545425415},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5202285647392273},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48505300283432007},{"id":"https://openalex.org/C76087492","wikidata":"https://www.wikidata.org/wiki/Q1047352","display_name":"Cash management","level":3,"score":0.4767288267612457},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.379713237285614},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3373604416847229},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3134835958480835},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C140793950","wikidata":"https://www.wikidata.org/wiki/Q168091","display_name":"Animal science","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"pmh:oai:RePEc:ags:jlaare:30729","doi":null,"is_oa":false,"landing_page_url":"https://ageconsearch.umn.edu/record/30729/files/17010205.pdf","pdf_url":"https://ageconsearch.umn.edu/record/30729/files/17010205.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:ageconsearch.umn.edu:30729","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/30729","pdf_url":"http://ageconsearch.umn.edu/record/30729","source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/30729","raw_type":"Text"},{"id":"mag:1484979356","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/30729","pdf_url":null,"source":{"id":"https://openalex.org/S185653637","display_name":"Journal of agricultural and resource economics","issn_l":"1068-5502","issn":["1068-5502","2327-8285"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","doaj","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of agricultural and resource economics","raw_type":null},{"id":"pmh:oai:doaj.org/article:6b4b5bec3eb547ed9fda3d9aa5c9d601","doi":null,"is_oa":false,"landing_page_url":"https://doaj.org/article/6b4b5bec3eb547ed9fda3d9aa5c9d601","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Agricultural and Resource Economics, Vol 17, Iss 1, Pp 205-217 (1992)","raw_type":"article"},{"id":"doi:10.22004/ag.econ.30729","doi":"https://doi.org/10.22004/ag.econ.30729","is_oa":true,"landing_page_url":"https://doi.org/10.22004/ag.econ.30729","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:ageconsearch.umn.edu:30729","doi":null,"is_oa":true,"landing_page_url":"http://ageconsearch.umn.edu/record/30729","pdf_url":"http://ageconsearch.umn.edu/record/30729","source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/30729","raw_type":"Text"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/2","score":0.6875,"display_name":"Zero hunger"}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1484979356.pdf","grobid_xml":"https://content.openalex.org/works/W1484979356.grobid-xml"},"referenced_works_count":10,"referenced_works":["https://openalex.org/W40599889","https://openalex.org/W100962989","https://openalex.org/W1980207839","https://openalex.org/W2104818815","https://openalex.org/W2113619995","https://openalex.org/W2149109083","https://openalex.org/W2580645530","https://openalex.org/W2782983929","https://openalex.org/W2796623461","https://openalex.org/W2951683251"],"related_works":["https://openalex.org/W7097380233","https://openalex.org/W7100282245","https://openalex.org/W2026508481","https://openalex.org/W812279353","https://openalex.org/W2137973156","https://openalex.org/W2151660280","https://openalex.org/W2124504163","https://openalex.org/W2592934693","https://openalex.org/W2309681875","https://openalex.org/W7101171711"],"abstract_inverted_index":{"This":[0],"research":[1],"examines":[2],"cash":[3,14,68,91,97],"forward":[4],"contracting":[5,60,98],"of":[6,72,96],"fed":[7],"cattle.":[8],"For":[9],"an":[10],"individual":[11],"feeder,":[12],"a":[13,22,64,84],"contract":[15,31,78],"eliminates":[16],"basis":[17],"risk":[18],"(as":[19],"compared":[20],"to":[21,35,62],"futures":[23,40],"hedge).":[24],"However,":[25],"the":[26,30,39,57,88],"disadvantage":[27],"is":[28,33,81],"that":[29],"price":[32,42],"estimated":[34],"be":[36],"lower":[37],"than":[38],"hedge":[41],"by":[43,100],"$.28":[44],"-":[45,52],"$.59/":[46],"cwt":[47],"for":[48,54],"steers":[49],"and":[50],"$.86":[51],"$1.64.cwt":[53],"heifers.":[55],"From":[56],"industry":[58],"perspective,":[59],"appears":[61],"have":[63],"negative":[65,94],"impact":[66,95],"on":[67],"prices.":[69],"An":[70],"increase":[71],"1,000":[73],"head":[74],"in":[75,87],"U.S.":[76,89],"monthly":[77],"cattle":[79],"shipments":[80],"associated":[82],"with":[83],"$.003-$.009/cwt":[85],"decrease":[86],"average":[90],"price.":[92],"The":[93],"varies":[99],"state.":[101]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2016-06-24T00:00:00"}
