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Discuss the effects and implications of the durum wheat market factor you are looking at on a farmer(s)/rancher(s) managing their risk and making marketing decisions
Discuss the effects and implications of the durum wheat market factor you are looking at on a farmer(s)/rancher(s) managing their risk and making marketing decisions for any unpriced 2023 inventory currently on hand and for production planned in the upcoming 2024 production cycle. This will include both the opportunities (positive), and challenges (negative), that the factor may have on a prairie farmer(s)/rancher(s), or an agricultural sector. Not only should you discuss what a farmer(s)/rancher(s) should watch for today and in the coming months, and possible actions they could take when making marketing decisions for current inventory from 2023 and for upcoming 2024 production, but also what actions they should take to mitigate their exposure to risk
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