Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.

Page 10 · column 6 of 6 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

understand commodity options and determine if they are applicable to their farming needs.

Farmers considering an option should figure costs of production, including the cost of the option itself, which is called a premium. The next step is to develop an asking price for the product, and decide if the profit made at the price in the option would be satisfactory. Paperwork is involved, as in any financial figuring.

Anyone interested in learning more about options, please contact the Extension Office. An educational session will be set up if there is enough interest.

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