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Expert advises hedging 2014 crop to protect against lower trend

Expert advises hedging 2014 crop to protect against lower trend

Oct 31, 2013

Farmers who are having trouble moving crops this fall might not want to worry about hedging it right away.
However, a brokerage firm is urging its clients to protect some 2014-15 prices now. “Start considering it. That’s the point of disciplined, consistent risk management,” said David Derwin, a senior marketing adviser with P.I. Financial in Winnipeg.
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