Weather Derivatives for Wine
| Created | |
|---|---|
| Added by |  Samuel Polgar |
| Tags | Financial InstrumentsWine Industry General |
| Link | https://wine-economics.org/wp-content/uploads/2012/09/AAWE_WP05.pdf |
| Description | Study into Weather Derivatives and Icewine production in Canada. Hot weather = No Icewine |
| Value Drivers | hedge risk for vineyards |
| Pain | - losing a crop due to weather - no revenue |
| Outcome | - hedged risk - not broke |
| Required capability | platform for wineries to hedge their crops against weather platform for wineries to analyze previous data & predict weather platform for wineries to understand optimum weather |
| Year tech started | 2007 |
| Tech opportunity | Weather Derivatives |
| put on front page | yes |