Tips to reduce risk when selling grain and oilseeds

摘要

Grain prices have been far more volatile in recent years and as the unrest in the Ukraine highlights, it takes just one world event to make the difference between selling at a profit or a loss.About 15-20 years ago, prices may have moved ￡3-4/t during the marketing period, says Richard Jen-ner, director of grain origination at Openfield. "But now, even in a few hours you can see prices move up or down by greater amounts."Who would have predicted the Ukraine unrest and that it would drive up world grain prices by 7-8/t For some this will be a welcome development, restoring prices to profitable levels, but relying on such events is a risky strategy."