Hi All
I think the way to solve this problem is to find a way to stabilize prices.
Lee as you rightly say there have been futures markets for a long time and they exist to protect our customers from our inabillity to market our produce with any guarantee on price, quality or quantity.
In the 21st century there must be a better way. Look at the speed we can communicate and at such little cost.
Tom you are right to try and produce what the market wants but true master marketers also provide a garanteed supply at a fixed price.
This is the way modern marketing is done!
The price is X How much do you want?
Obviously X will be different depending on where you live but isn't this how the market works today based on Chicago
Minniapolis etc.
We would still compete, but why do we all need to loose money for a couple of years and do untold harm to our communities, just because someone decides the market is over supplied.
I do not believe you are making a REAL profit including interest on capital and deprecation at todays prices. No matter how good you are with futures options etc. you cannot get away from a low price.
CWB or no CWB that is still true.
If we could stabilize the price there would no longer be speculation as there never is in commodities which don't have wild price swings.
We would have to learn how to manage our stocks and ajust our production but that sounds more like farming than gambling to me.
What do you think Chas??
Regards Ian
I think the way to solve this problem is to find a way to stabilize prices.
Lee as you rightly say there have been futures markets for a long time and they exist to protect our customers from our inabillity to market our produce with any guarantee on price, quality or quantity.
In the 21st century there must be a better way. Look at the speed we can communicate and at such little cost.
Tom you are right to try and produce what the market wants but true master marketers also provide a garanteed supply at a fixed price.
This is the way modern marketing is done!
The price is X How much do you want?
Obviously X will be different depending on where you live but isn't this how the market works today based on Chicago
Minniapolis etc.
We would still compete, but why do we all need to loose money for a couple of years and do untold harm to our communities, just because someone decides the market is over supplied.
I do not believe you are making a REAL profit including interest on capital and deprecation at todays prices. No matter how good you are with futures options etc. you cannot get away from a low price.
CWB or no CWB that is still true.
If we could stabilize the price there would no longer be speculation as there never is in commodities which don't have wild price swings.
We would have to learn how to manage our stocks and ajust our production but that sounds more like farming than gambling to me.
What do you think Chas??
Regards Ian
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