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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Rivers Banner
Location
Rivers, Manitoba, Canada
Date
May 25, 2012
Page
8
The piece advises farmers facing volatile markets to select a broker who understands their operation and risk tolerance. It stresses the broker’s role in guiding strategy and highlights the need for time to evaluate options before opening a futures account.
This guide explains choosing a broker, obtaining references, and the importance of paperwork and funding. It covers margin requirements, starting with small trades, and defines hedgers versus speculators with an example using canola futures and basis. It notes risks and planning with a banker understanding hedging.
The 26th annual Highway Clean-Up runs May 26 with a rain date of June 2. Sponsored by MIT MAFRI and 4-H Manitoba Council the event raises funds for 4-H clubs and promotes environmental awareness. In 2011 forty clubs completed 490 kilometres, collected 2095 bags, and raised over $13000.
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