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(Reference retrieved automatically from Web of Science through information on FAPESP grant and its corresponding number as mentioned in the publication by the authors.)

Factors influencing hedging decision: evidence from Brazilian citrus growers

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Author(s):
Carrer, Marcelo Jose [1] ; Franco da Silveira, Rodrigo Lanna [2] ; de Souza Filho, Hildo Meirelles [3]
Total Authors: 3
Affiliation:
[1] Fed Inst Educ Sci & Technol Sao Paulo, Dept Management, Estr Municipal Paulo Eduardo de Almeida Prado, Sao Carlos, SP - Brazil
[2] Univ Estadual Campinas, Inst Econ, Campinas, SP - Brazil
[3] Univ Fed Sao Carlos, Dept Prod Engn, Sao Carlos, SP - Brazil
Total Affiliations: 3
Document type: Journal article
Source: AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS; v. 63, n. 1, p. 1-19, JAN 2019.
Web of Science Citations: 1
Abstract

The purpose of this study was to analyse the hedging behaviour of 98 citrus growers from the State of Sao Paulo, Brazil. Marketing behaviour was modelled as a choice between spot market, short and long-term forward contracts. A multinomial logistic regression model was used to evaluate the role of behavioural, personal and managerial variables in the choice. Results indicated that the factors which explain the use of forward contracts by citrus growers are the following: risk propensity; trade with juice processing companies; farming diversification; overconfidence in management; participation in pools; use of management tools; and technical assistance. The results can be useful for farmers, policymakers, government agencies, traders and extension agents. (AU)

FAPESP's process: 13/06169-7 - Determinants of technical and economic efficiency of citrus farms in the State of São Paulo
Grantee:Hildo Meirelles de Souza Filho
Support Opportunities: Regular Research Grants