Farmers who can’t hedge could fail, says Lumix

ForexYard (Mar. 15, 2011) | Volatile agricultural commodity prices will drive farmers out of business if they don’t understand how to use financial markets to hedge risk, the managing partner of fund manager Lumix Capital said.

“Price volatility will drive out a lot of farmers that purely have farming knowledge and not financial knowledge,” Switzerland-based Gonzalo Fernandez-Castro said.