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  • (Journal of Portfolio Management, Neuberger) The Log Contract

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    anurag
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    This article discusses log contracts, which are futures contracts based on the price of logs over a specified time period. Log contracts can help lumber producers and consumers manage risks from fluctuations in log prices. However, the article notes that log contracts face challenges due to the lack of standardized log grades and the difficulty of delivering logs futures. Overall, while log contracts have potential benefits, issues around log grading and delivery have prevented their widespread use.

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    [Journal of Portfolio Management, Neuberger] the Log Contract

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    This article discusses log contracts, which are futures contracts based on the price of logs over a specified time period. Log contracts can help lumber producers and consumers manage risks from fluctuations in log prices. However, the article notes that log contracts face challenges due to the lack of standardized log grades and the difficulty of delivering logs futures. Overall, while log contracts have potential benefits, issues around log grading and delivery have prevented their widespread use.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    101 views7 pages

    (Journal of Portfolio Management, Neuberger) The Log Contract

    Uploaded by

    anurag
    This article discusses log contracts, which are futures contracts based on the price of logs over a specified time period. Log contracts can help lumber producers and consumers manage risks from fluctuations in log prices. However, the article notes that log contracts face challenges due to the lack of standardized log grades and the difficulty of delivering logs futures. Overall, while log contracts have potential benefits, issues around log grading and delivery have prevented their widespread use.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    The log contract

    Neuberger, Anthony
    Journal of Portfolio Management; Winter 1994; 20, 2; ABI/INFORM Global
    pg. 74

    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.

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