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| Your question assumes that businesses that can hedge with certainty because their productivity is little affected by weather or outside factors, won't. Demand base need not disappear. If you are an enduser and not hedged, what are you thinking? If 2008 did not teach a lesson to endusers what the future will look like, different management should be running those businesses. The local communities and regional businesses and national interest depend on their continuing operations. If you are on a board of a business it is your responsibility to insure that lack of hedging is not putting that business at risk. Risk percentage rivals that of the early seventies in my opinion. | |
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At What Price...
