The MIIS Eprints Archive

Optimization of commodity portfolio management

Desnica, Z. and Krejić, N. and Krklec Jerinkić, N. and Marković, B. and Nedeljkov, M. and Ovcin, Z. and Pavić-Čolić, M. and Piwarska, K. and Vla Panić, K. (2014) Optimization of commodity portfolio management. [Study Group Report]



The problem we consider is introduced by Uljarice Bačka, LLC. The core business activities of the company are trade of agriculture commodities, warehousing and distribution and crops production. The main traded goods are: corn, wheat, barely, sunflower, soybean, soybean meal and raw material for crops production: fertilizers, plant protection products, seeds and other. Since a large part of company’s activities relays on corn, predicting the price of that good is of the main interest. In order to make a reasonable predictions, models which incorporate the crucial factors influencing the corn prices are needed. Of course, the important issue is which data are available. Within the data that we obtained, a correlation analysis is performed to point out the relevant parameters. We introduce different methods for obtaining the predictions and provide some numerical results.

Item Type:Study Group Report
Problem Sectors:Food and Drink
Study Groups:European Study Group with Industry > ESGI 99 (Novi Sad, Serbia, Feb 3-7, 2014)
Company Name:Uljarice Backa
ID Code:638
Deposited By: Matthew Hennessy
Deposited On:05 Mar 2014 00:50
Last Modified:29 May 2015 20:15

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