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Central Missouri | Imo, to manage risk for a farm business you have to be thinking ahead of the market. The what ifs. What if price does this what if price does that. Only you can do the thinking ahead that is why I do it myself. It’s kind of like thinking ahead of the crop. If you are reacting to things that limit yield and trying to correct them you can’t maximize your crop with the weather given but if you are preventing those things from happening it’s a different story. Same as in marketing. If you are always reacting in marketing it’s ussually because price isn’t going your desired way and it messes up your thinking.
Work toward being ahead of the market and then if it reacts in a different way figure out what you have wrong and adjust. Quigley, Gann, Rulon can’t do that for your business only you can. | |
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