Originally posted by wheatking16
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Fear of catastrophic production failures are fresh in many grain grower memories… the risks of spending scarce capital on markets that are unbelievably volatile… is understandable and logical.
It has been an ‘obsession’ filled spring and summer… that has Managment costs and skills… the ability to be patient and on target to carry out a specific marketing plan… with faith that the productivity of the farm we oversee… will yield favourable results.
The attention needed to make balanced decisions… to mould the risk management positions into valid marketing decisions… has been a two year process… every ‘mistake’ needs to be a lesson in being humble… and learning to be bold yet conserve capital… reducing financial risks while being satisfied with incremental gains on the market position held.
Blessings and Salutations as each person seeks to understand the volatility and fear that drives our commodity futures systems.
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