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To: Broken_Clock who wrote (11875)5/18/1998 8:52:00 PM
From: Enigma  Read Replies (1) | Respond to of 116823
 
Hedging by producers is absolutely legitimate for producers of every kind whether they be farmers, coffee growers, miners, etc. In the same vein manufacturers need the futures markets to nail down their material costs in advance. I'm talking about hedging notspeculating. E.