Marketing Risk |
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| 1. |
Do you have a year-round marketing plan? |
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| 2. |
Do you use professional marketing services? |
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| 3. |
Are you a member of a "marketing club" or marketing coop? |
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| 4. |
Are you familiar with various marketing contracts that may be available? |
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| 5. |
Do you use futures hedges and options in your marketing plan? |
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| 6. |
Are you involved in contract production? |
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| 7. |
Do your pigs have a "market" -- with the opportunity of getting a competitive price? |
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| 8. |
Do you know how to read kill sheets from packers? |
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| 9. |
Do you know the optimum live weight range where you are selling? |
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| 10. |
Are you familiar with seasonal price patterns? |
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| 11. |
Are you familiar with the hog price cycle (e.g., length, timing, etc.)? |
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| 12. |
Do you understand basis risk? |
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| 13. |
Is your income diversified (e.g., do you have non-hog income sources)? |
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Production Risk | Financial Risk | Legal Risk | Human Resources Risk