Posted 10/27/2010 06:23 (#1409816 - in reply to #1409590) Subject: Re: Could someone explain "speculation"?
Near-north Ontario, French River
In my mind, if you have grain in the bin, and are not hedged with options/futures then you are speculating. If you sell the grain without an offsetting futures/options position you are neither speculating or hedging, you are simply out of the market.
Could someone explain "speculation"?
