Managing risk in livestock production

Managing risk in livestock production

Meghan Grebner

Brownfield Ag Network

University of Missouri’s Scott Brown says prices could go higher – but it could be risky to wait.  “You know if you’re working about markets going higher, maybe you don’t want a straight futures contract,” he says.  “Maybe you don’t want to use options.  But doing nothing and watching those prices be higher and then erode away is a risk management plan that doesn’t work very well.”

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