Many producers have shied away from using futures and options because of high margin requirements and extreme volatility. But according to grain and cotton analyst Richard Brock, “It’s like playing golf with only two clubs because you don’t want to pay for the entire set. That’s fine. You’ll finish the golf game, but if you’re playing against someone of equal ability, the person with the full set of clubs is probably going to do better.”
Brock will share his thoughts on volatility and other market factors next month, during the 2012 Agricultural Economic Symposium, Feb. 19-21, at the Sandestin Golf and Beach Resort, Destin, Fla.
Sessions include agronomic techniques, ethanol, equipment ownership/leasing, the changing world of finance, world weather, new developments in cotton seed and weed control and more.
Banquet entertainment will be provided by Jolene Brown, farmer, author, professional speaker and champion for the people of agriculture. Those who hear her messages celebrate her passion, fun-filled spirit, real life stories and valuable take home information.
Robert Fraley, executive vice president and chief technology officer, Monsanto, and Dave Rhylander, marketing lead Deltapine cotton seed, will discuss the latest advancements in seed technology and germplasm.
Weather forecaster Drew Lerner will serve up trends in world weather.
The resort offers golf, tennis and fishing.
Register at www.brockreport.com, or call 1-800-558-3431. For room reservations, call 1-800-320-8115. Sponsors for the event are Delta Farm Press, Corn and Soybean Digest, Asgrow, DeKalb, Monsanto, Deltapine, Farm Credit Leasing, Willmar Fabrication, AgFirst, FMC and Brock Associates.