"Mate if you want to become the next aluminium baron in the footsteps of Roman Abramovich..."
C. Montgomery Burns did it by picking up cans on the beach.
C. Montgomery Burns did it by picking up cans on the beach.
Quote from Bogan7:
It might surprize you but most small medium farmers dont hedge in the futures market. I know quite a few farmers and none use futures for a number of reasons mainly cash flow, lack of size and lack of knowledge but mainly because their business is the land.
Quote from acronym:
Basically, yep-especially here in oz, bogan, you know what the sfe cattle etc looks like.(or looked like?i think they canned the contract a while back)
Financial advisors justifiably recommend against it, particularly when its cheaper to "lock in" feed/fertilizer costs via their freindly agro business-whom presumably, is actually using futures.
Strange business. What does that have to do with aluminium? Not much.