Description
The Era of Weather Volatility & Hedging Strategies For Ag Producers, Growers & AgTourism destinations
Why has weather volatility increased in recent years and why will this trend continue?
There are many variables that influence and increase weather volatility throughout history. Understanding what these drivers are, how long they typically last, and what they mean for global crop production trends, Ag price volatility and production costs will be paramount for managing long-term risks.
With this climate-focused presentation, longer-term climate cycles with historical statistics and correlations will be discussed with the focus and goal to map out an action plan for execution.
After the break, this session will complement the main presentation above and provide a real-world hypothetical example of the steps, processes, and considerations to map out an action plan and implementation strategy of an effective cash/marketing/hedging plan.
Strong emphasis will be placed on the psychological, financial and local physical realities that are a key part of any successful strategy.
