Ask FarmLink – Navigating the Learning Curve of Wheat Hedging

The new marketing environment around wheat in Western Canada offers producers a much greater level of involvement than they’ve ever had when it comes to managing price risk. Should producers choose to step out of the contract environment provided by their local grain companies and buyers and go directly to the futures and options market themselves, they can find themselves up against a pretty steep learning curve. In some instances that may not be the best option, but at other times it can be an effective way to manage price risk. In any case it takes time and experience to develop that level of discernment.

SEE MORE ASK FARMLINK.

In this episode of Ask FarmLink, Jon Driedger talks about some of the keys factors like “basis” that are critical in navigating the learning curve around wheat hedging.

If you cannot see the embedded video below click here.

 

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.