WOOL FUTURES STILL UNPOPULAR IN WA: Users find it an ideal management tool

摘要

MOST woolgrowers in Western Australia are still reluctant to use wool futures -- an advanced form of forward contract -- to lock in a price in advance of physical sale. BILL WEBB: But a few like Bill Webb, of Kojonup, believe futures are ideal enabling growers to make the most from price hikes. Webb says it also enables him to estimate future income so he can budget accordingly.