The fixed price contract is a excellent tool that many farmers never use. Last years price is a great example. I'm not saying that farmers should lock up 100% of their production but producers should look at locking up 10% for at least some kind of protection from falling markets. I know I am.
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wd9
there is no risk in weather, there is a 100 % chance of it. true partnerships between buyer ands seller would be more than 3 or 5 years and would have built in balances. But you would lose than chance for the big score and this is what you are really scared of; missing an opportunity to make more money.
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