Weather Risk Management Case Studies
Below are a selection of articles and papers discussing case studies of weather risk management application to certain industries.
Many of these articles and papers are in PDF format and will require you to download Acrobat Reader. ![]()
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Weather Derivatives Attract Golf Courses, Utilities 
Article from Bloomberg
Design and use of weather derivatives for farmers: the case of hedging rain risk by soyabean growers in Jhalawar district in India 
Paper from Inderscience Enterprises Ltd.
PGA Event: BMW Championship - Golf Tournament 
Case study from WeatherBill.com
PGA Championship: Greater Hickory Classic at Rock Barn - Golf Tournament 
Case study from WeatherBill.com
Protecting Revenue and Growing Sales in the Oil Heat, Propane & Natural Gas Industries 
Case study from WeatherBill.com
Flagstaff Nordic Center Ski Season Guarantee 
Case study from WeatherBill.com
Protecting Profits in the Snow & Ice Removal Industry 
Case study from WeatherBill.com
itravel2000 "Let it Snow!" 
Case study from WeatherBill.com
Flight Disruptions and Weather: An assessment of weather's effect on United States airlines and airports
Case study from WeatherBill.com
Weather & Film Box Office Revenue: The impact of precipitation and temperature on UK film box office revenue
Case study from WeatherBill.com
Impact of Climate Change on Golf Playable Days in the United States
Case study from WeatherBill.com
Weather Derivative Structuring and Pricing: Application to the case of Maple Syrup Industry in Quebec 
Research thesis
Pricing Weather Insurance with a Random Strike Price: An Application to the Ontario Ice Wine Harvest
Paper by Calum G. Turvey and Alfons Weersink
First Published Jul 2005
Managing Irrigation Risk with Inflow-Based Derivatives: The Case of Rio Mayo Irrigation District in Sonora, Mexico
Paper by Akssell J. Leiva and Jerry Skees
First Published Jul 2005
A Dynamic Programming Framework for Using Weather Derivatives to Manage Dairy Profit Risk
Paper by Gang Chen and Matthew C. Roberts
First Published Aug 2004
Monsoon Risk Securitisation: Monsoon Options on Select MET Subdivisions
Paper via the Social Science Research Network
First Published Dec 2006
Weather Derivatives in the Presence of Index and Geographical Basis Risk: Hedging Dairy Profit Risk
Paper by Gang Chen and Matthew C. Roberts
First Published Apr 2004
Weather derivatives as an instrument to hedge against the risk of high energy cost in greenhouse production
Paper by Ernst Berg, Bernhard Schmitz, Michael Starp
First Published Jul 2006
THI Application to Insuring Against Heat Stress in Dairy Cows
Paper by Xiaohui Deng, Barry J. Barnett, Dmitry Vedenov, and Joe W. West
First Published Feb 2004
Can
Weather Derivative Contracts Help Mitigating Agricultural Risk?
Microeconomic Policy Implications for Romania
Paper by Aslihan Spaulding, Murali Kanakasabai,
Jianqiang Hao and Jerry Skees
First Published 2003
Why
Do Retailers Continue To Blame The Weather For Poor Retail Sales?
Article by Martin Newenham of Paul Mason
Consulting
First Published 2003
NYC
Brewery Co. Weather Hedge
Case Study from Evolution Markets
Hotel
Marketing Strategy
Case Study from Evolution Markets
Hedging
Maize Yield with Weather Derivatives
Paperfrom the University of Pretoria
Weather
Hedging: Utility Decision Process
Case study from GuaranteedWeather.com
The
Effects of Weather on Retail Sales
Report from the Federal Reserve
The
Potential Role of Weather Markets for U.S. Agriculture
Case study from GuaranteedWeather.com
The
Feasibility Of A Derivative For The Potato Processing Industry In
The Netherlands
Case study from GuaranteedWeather.com
Using
Weather Risk Management To Increase Airline Operational Efficiencies
And Enhance Passenger Satisfaction
Case study from GuaranteedWeather.com
Construction,
Ingenuity and Derivatives: A Profile
Article from Risk Management Magazine
How United Grain Growers tamed Mother Nature in completing the deal
of the decade
Article from CFO.com



