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To: The Working Man

Don’t most farmers sell their crop in advance on the CME futures board as a hedge against things like this that they can not control. If they have already sold in advance, what does it matter if the current price is lower?


33 posted on 09/22/2014 7:12:15 AM PDT by woodbutcher1963
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To: woodbutcher1963
If they have already sold in advance,

Isn't part of the problem created by a lack of delivery? This might push them into default of that contract.

35 posted on 09/22/2014 7:27:30 AM PDT by thackney (life is fragile, handle with prayer.)
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To: woodbutcher1963
Don’t most farmers sell their crop in advance on the CME futures board as a hedge against things like this that they can not control. If they have already sold in advance, what does it matter if the current price is lower?


63 posted on 09/22/2014 11:31:39 AM PDT by Pilsner
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