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.


Issue Date:
2005
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/18571
Total Pages:
12
Series Statement:
CARD Working Paper 05-WP 385




 Record created 2017-04-01, last modified 2017-08-22

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