Farming, Managing Risk In A Volatile Economy

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Farming has always been about risk. Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy without any effort at hedging or risk management. That’s to say nothing of the risk associated with currency fluctuations — a persistent worry, to be sure, but one that’s increasing, thanks to such factors as a strong U.S. dollar, trade wars and global political tensions.

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