News for hackers. Stuff that matters.

A comment on Food security and the coming storm. Parent comment

Re:Food security and the coming storm by WalterBright on Sunday May 29, 2022 @09:31PM (#31554653)
You blamed the speculators, but when a farmer locks in long term prices, he is also speculating in futures.
[ Parent | on HN ]
Re:Food security and the coming storm by rfrey on Monday May 30, 2022 @12:14AM (#31555416)
If you lock in both your costs and your profits, it's the opposite of speculation.
[ Parent | on HN ]
Re:Food security and the coming storm by WalterBright on Monday May 30, 2022 @02:05PM (#31561781)
You're speculating that the price you "lock in" will be advantageous to you in the future.

It's the same as buying options in the stock market.

[ Parent | on HN ]