Spread risk to limit losses

Muzzi, Doreen
April 2005
Southeast Farm Press;4/13/2005, Vol. 32 Issue 11, p24
Trade Publication
The article focuses on peanut growers in the U.S. Peanut growers now have an abundance of marketing tools. Marshall Lamb, director of the National Peanut Research Laboratory at Dawson, Georgia, cautions growers against marketing 100 percent of their expected production the same way. Instead, he advises spreading their marketing risks through the use of advance contracts, cash sales at harvest, and the marketing loan program. For many experienced peanut growers, the learning curve began when government quotas were replaced with a more market-oriented approach.


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