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Farming can be a risky endeavor. Weather, pests, and disease can diminish the output from a field or herd. Changes in prices can reduce revenues or increase costs. Farmers may manage the risks from market price fluctuations by using agricultural derivatives, such as futures and options contracts, and committing some production to marketing contracts. This study uses data from the 2016 Agricultural Resource Management Survey to describe the use of futures, options, and marketing contracts by producers, with a primary focus on corn and soybeans.


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