USE A MIX OF RISK mANAGEMENT OPTIONS: Forward contracts, futures, options all play part

摘要

THOSE who have been reading this series of articles on price risk management (Australian Farm Journal, November 1996, p24; AFJ, December 1996, p24; and AFJ January 1997, p61) will realise farmers don't have to be a price taker when selling or marketing farm products. Farmers are no longer limited to one marketing strategy. They can use forward contracts, and futures and options. They can mix and match these according to their circumstances, theseason and current and forecast prices.