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Merry Christmas and a Happy Profitable New Year

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    Merry Christmas and a Happy Profitable New Year

    Just want to take this opportunity to wish all a Merry Christmas. I hope all are able to take time off (including giving yourself permission to leave farming on the back burner for a few days) to enjoy the really important things in life like family and friends. I think we can all thank our blessings for being among the really privileged that live on this planet with food on our plates everyday and the ability to present our opinions in a democratic world.

    I am an optimist going ahead into 2009. The world is uncharted territory, however, so all will have to understand risk (opportunity and negative consequences) so identifying it, measuring it, knowing alternatives to manage it and taking actions/making decisions will be key.

    See you again in the New Year.

    #2
    That is why farmers need to learn about risk management so they don't have to deal with the ups and downs of the market. Most farmers try to speculate and get higher prices. I would rather move all of my grain Aug-Feb, picking up any basis improvement and if I think the prices will go up, buy some call options so that you lock in a minimum price but be able to participate in the rally. It is better to own the paper than it is to own the physical, because the paper never gets heat damage or bugs.

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      #3
      Thanks Charlie!

      And if your out there Lee... Merry Christmas!

      Do you ever sneek back and peek Lee?

      Merry Christmas everyone... and may the Good Lord bless you with mountains of wisdom & hope in 2009!

      There couldn't be a better time to do a study on Proverbs... as a direct connection to the wisest guy that ever lived... wouldn't hurt help us to prepare for VOLITILITY!

      Being humble... can't hurt!

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        #4
        Thanks Charlie!

        And if your out there Lee... Merry Christmas!

        Do you ever sneek back and peek Lee?

        Merry Christmas everyone... and may the Good Lord bless you with mountains of wisdom & hope in 2009!

        There couldn't be a better time to do a study on Proverbs... as a direct connection to the wisest guy that ever lived... wouldn't hurt help us to prepare for VOLITILITY!

        Being humble... can't hurt!

        Comment


          #5
          Merry Christmas to all Agrivillers, and the best of health in 2009.
          Parsley

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