Dairy Futures and Options Tutorial


The University of Wisconsin Dairy Marketing website maintains an extensive collection of publications focused on the dairy industry.  This publication database is searchable via the material contained in each publication's title, author and abstract.

Some publicaitons to look at:

  • Basic Milk Pricing Concepts for Dairy Farmers, E. Jesse and B. Cropp
  • An Introduction to the Trading of Dairy Futures and Options, Chicago Merchantile Exchange
  • Calling Up Call Options, by D. Kurzawski
  • Effectiveness of Naive Class III Hedging Strategies, E. Jesse and J. Schuelke
  • Price Risk Management Strategies for Dairy Producers:  A Historical Analysis, P. Dye and R. Cropp (Supporting Data)