Evaluating the Saskatchewan Short-Term Hog Loan Program

The Saskatchewan short-term hog loan program of 2002 provided a non-market credit line to participating hog producers. The repayment conditions for cash advances committed to by the provincial government depend on later hog prices, and so the program has derivative contract attributes. We model the contracts and use an estimated spot price stochastic process to establish summary statistics for producer benefits from the program.

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Year of publication:	2005-02
Authors:	Hennessy, David A. ; Lien, Donald
Institutions:	Center for Agricultural and Rural Development (CARD), Iowa State University
Subject:	agricultural policy \| derivative contract \| domestic support \| international trade agreements

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Extent:	application/pdf text/html
Series:	Center for Agricultural and Rural Development (CARD) Publications.
Type of publication:	Book / Working Paper
Language:	English
Classification:	Q1 - Agriculture ; G3 - Corporate Finance and Governance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005260001