Optimal Trading and Shipping of Agricultural Commodities
By Nicolas Merener, Universidad Torcuato Di Tella, School of Business, Buenos Aires, Argentina; Ramiro Moyano, Grupo Los Grobo (Argentina); Nicolas Stier-Moses, Universidad Torcuato Di Tella, School of Business, Columbia University, New York, and CONICET (Argentina); and Pablo Watfi, Universidad Torcuato Di Tella, School of Business, and Universidad de Buenos Aires (Argentina)
As summarized by Hilary Till, Contributing Editor, Global Commodities Applied Research Digest
In the paper, “Optimal Trading and Shipping of Agricultural Commodities,” the authors use a case-study approach to show the benefits of jointly planning trading and logistics for a specific Argentinian grain-trading firm. Given the low profit margins of such firms, such an approach should be of interest to comparable firms in Latin America. The paper’s methodology may also be applicable to large firms in other geographic locations, which are similarly involved in the trading and shipping of grain.
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