Posted 3/26/2020 15:21 (#8140754 - in reply to #8140719) Subject: RE: Ethanol plant managers
That line shows the lack of knowledge on how a plant manager should do his job. Hedging isn’t speculating, hedging is hedging. It seems like a plant manager earning 250,000-500,000 has to justify his job by not covering the risks associated with his position. IE, saying hedging is speculating when he doesn’t understand the tools available to him or how he can use it to do his job. Maybe someone with more knowledge as to how marketing works should take your job over. It seems like the shareholders would be very happy with a knowledgeable plant manager that can give them a greater return on their money.