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A comment on Self-driving truck delivers butter from California to Pennsylvania in three days. Parent comment

Re:Self-driving truck delivers butter from California to Pen... by Danieru on Wednesday December 11, 2019 @10:28PM (#21769040)
Reading his posts it sounds like what he needs are futures contracts. He is complaining of the price dropping once harvest season hits. He is claiming there is a conspiracy that once supply enter the market prices drop. Sadly due to historic reasons futures markets for onions are illegal: https://en.wikipedia.org/wiki/Onion_Futures_Act

His plight speaks to why futures markets are important. His costs and production plans were set many months ago, yet his revenue is only decided now. With futures he could hedge downward exposure.

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Re:Self-driving truck delivers butter from California to Pen... by Spooky23 on Thursday December 12, 2019 @11:15AM (#21773138)
I agree.

There are definitely big changes in how produce is being purchased now, with closed-market strategic sourcing replacing older markets that were more transparent. Producers are paying for increasing consumer competition in grocery.

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