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TUESDAY APRIL 22
Farmers – Or Day Traders? Fred Grieder has been farming for 30 years on 1,500 acres near Bloomington, in central Illinois. That has meant 30 years of long days plowing, planting, fertilizing and hoping nothing happens to damage his crop. But now, according to The New York Times, he has to keep a closer eye on the derivatives markets in Chicago, trying to hedge risks so that he knows how much he’ll be paid in the future for crops he’s planting now. And the financial tools he uses to make such bets are getting more expensive…and less reliable. April 2008New User?Sign up to get free access to TraderDaily.com
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