Commodities Hedging Risk Case Studies
So I've been doing a lot of looking into this online trying to find some more examples.
I'm making a presentation for a Commodities Risk Management Seminar and we want to use some case studies where companies hedged their inputs/supplies in the commodities market so as to avoid any price risks.
One of the best examples is of Southwest Airlines and how they hedged their jet fuel costs in the early 90's and when the price of fuel increased substantially, because they were hedged, they were able to continue working as normal and didn't go out of business like a lot airlines did.
So my question is....
Do any of you monkeys know of any other examples of cases where hedging was either a success or a failure?
As a prize I'll throw you some silver banana's. I've got a bunch and I know I can't eat them all! haha
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