Pig industry needs to hedge its bets

摘要

With price volatility set to continue during 2008, meat producers and processors have been advised to make greater use of risk analysis and "hedging" to cope with surging feed costs and currency exchange rates.Spiralling wheat prices in particular mean that the use of derivatives have a lot to offer, says Alistair Dickie, director for crop marketing at the Home Grown Cereals Authority (HGCA).