Tagged: marketing strategies

Is the commodity broker still relevant? What the evolution of futures trading means for today’s farmer.

By Fred Evans – February 22, 2017 

 

The idea for this blog was hatched following a discussion within our office about an apparent lack of interest by many young farmers to learn about futures markets and price risk management.

We asked ourselves a few questions:

– Will the next generation of farmers have the same depth of understanding about commodity futures as the outgoing generation?

– Are farmers as willing to hedge grain with futures contracts and use basis contracts now as they were nearly forty years ago?

– How has the industry changed over the years?

– What can we learn from the past?

In this article, we’ll explore these questions through an examination of the evolution of futures trading.