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You're spinning it like a matter of choice, but I would doubt that it is. The farmers probably can't sell their product any other way than as futures; and can'
by DarylZero 4y ago
You're spinning it like a matter of choice, but I would doubt that it is.
The farmers probably can't sell their product any other way than as futures; and can't buy energy any other way than at the current market price.
That would mean the actual choice involved is just the choice to go into the farming business. Not exactly fair to compare that to casino betting.
- colechristensen 4y agoUntrue on both counts. Source: generational small farmer in exile.
- mensetmanusman 4y agoDoes that mean this market is missing an entity that helps farmers buy energy futures?
- colechristensen 4y agoIt isn’t though this person is just guessing incorrectly that it does not exist. Like any business buying supplies, farmers can buy things ahead of time at fixed prices.