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:	2005-02-24
Authors:	Lien, Donald ; Hennessy, David A.
Institutions:	Department of Economics, Iowa State University

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Extent:	application/pdf
Series:	Staff General Research Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Canadian Journal of Agricultural Economics, March 2007, vol. 55, pp. 83-96
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005154701