Earlier quoted context omitted.
I know of UK farms that hedge their crop and currency prices. There is a common theme of wanting to be both hedging and getting the upside, but I don't think they are all unhedged.
>There is a common theme of wanting to be both hedging and getting the upside I see that in my professional life x10. When I suggest 'options' (so you get the option of taking the hedge or the market at the strike date) they scoff at the margin. We are back to Brexit again, they want to have their cake and eat it! I'm sure you are right that there are some farmers, especially the 'agi-businesses' that are hedging. Th…
I'm talking about single farmer farms and similar.