It is good to enable people to hedge against bad harvests.
There are two sides hedging against bad harvests, the farmer that grows the crop, and the industry (cattle, ethanol, food oils, and others) that buys that crop. The farmer wants to get paid, and the industry wants to get their crop.
There are two sides hedging against bad harvests, the farmer that grows the crop, and the industry (cattle, ethanol, food oils, and others) that buys that crop. The farmer wants to get paid, and the industry wants to get their crop.