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Abstract

Banks can assist farmers with hedging and options in several ways. Sovran Bank (Richmond, VA) created Sovran Futures Corp., a full- service, in-house brokerage, to assist farm customers. Watseka First National Bank (Watseka, IL) developed a wholly-owned subsidiary, WFNB Service Corp., which represents the farmer's interests with a broker by monitoring markets and implementing trades as appropriate. Banks can also work with companies such as R.W.A. Financial Services, which offers marketing and farm management services to farmers through banks.

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