n Farmer’s Weekly - A brave step : global farming
|Article Title||A brave step : global farming|
|© Publisher:||Caxton Magazines|
|Publication Date||Feb 2016|
Farmers generally regard the Safex grain futures markets with suspicion. They see them simply as a way for speculators to grow rich from money that farmers lose. The truth is that a futures market enables producers and users of a product to insure against price risk. Certainly, a great deal of money is generated on the grain markets. However, a large percentage of this is made by grain traders who enter into fixed-price contracts with farmers and then make a profit when prices change.
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