Análise da eficiência dos derivativos agropecuários na gestão da variabilidade de preços
AUTOR(ES)
Márcio Gambin
FONTE
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia
DATA DE PUBLICAÇÃO
2012
RESUMO
Brazilian agribusiness has been showing significant quantitative and qualitative advances, occupying a prominent position in the Brazilian economy and international trade. However, this new reality introduces the process of pricing, new macroeconomic variables that influence the negotiating arrangements and increases price variability, requiring the farmer to increase the knowledge and practice of risk management, either to the success of his business and/or for the good of the economy as a whole. The market risk inherent in agricultural activity generates impacts of different proportions to those concerned, and configures itself as a major problem for agribusiness. As a solution to this problem, the agricultural derivatives market is presented, analyzing their effectiveness in the management of price variability through different marketing strategies of soybeans in the last three seasons. As the commercialization of the production through the futures market aims at guaranteeing a certain price to the producer, it was simulated the results obtained by a standard property which negotiated its production through futures contracts, compared to those obtained by selling in the spot market place. As for the effectiveness of derivative instruments, note that its use protects the producer price changes that may compromise his activity, even if he does not face adversity in relation to the productivity of his crop. Of course, given the breadth and diversity of operations, the set of strategies could not be exhausted.
ASSUNTO(S)
agricultural derivatives agronegócios derivativos hedge strategies with derivatives preço agrícola future contracts mercado futuro future market agricultural marketing price risk
ACESSO AO ARTIGO
http://hdl.handle.net/10183/54517Documentos Relacionados
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