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Full-Text Articles in Social and Behavioral Sciences
How The Imm Can Help Banks, Clayton K. Yeutter
How The Imm Can Help Banks, Clayton K. Yeutter
Clayton K. Yeutter, United States Secretary of Agriculture: Papers
I am very pleased to be in San Francisco. This is such a delightful city that I sometimes wish I were President of a San Francisco Commodity Exchange. But that would not be fair to Chicago, a truly great city, or to the Chicago Mercantile Exchange, an outstanding business and financial institution. I hope all of you will become exposed to them both. You will like what you see. The times they are a changin! And changin fast, everywhere. I head an Exchange that is several decades old and steeped in agricultural tradition. We' were once called the Butter and …
Hedging Techniques For Agricultural Producers, Clayton K. Yeutter
Hedging Techniques For Agricultural Producers, Clayton K. Yeutter
Clayton K. Yeutter, United States Secretary of Agriculture: Papers
I am delighted to be here today talking about hedging and how it can be applied to the marketing strategies of agricultural producers in agriculture. It is good to have so much interest developing at the marketing end of agriculture, because it seems do me that too much attention has long been paid to production and too little to marketing. Even in the United States, which has developed perhaps the most sophisticated marketing techniques in the world, farmers are still too production oriented. Futures markets, where hedging techniques can be applied the best, are more than 100 years old in …