News & Publications
August 22, 2023 |
Real world examples: Protecting profit with options this growing season
Marketing your 2023 crop hasn't been significantly different in the past three years. It is quite challenging to market this year's crop if your goal is to simply capitalize on high prices.
We've witnessed sharp market swings due to weather and geopolitical events affecting supply and demand for all commodities. Predicting these market factors is impossible, underscoring the importance of incorporating options into your marketing plan. When the market allows you to adjust your options as it fluctuates, you are effectively handling volatility, thus reducing vulnerability to sudden market shifts.