Puss I am from an ilk that is probably a little different to you city folk. Maybe a new tractor, not a maserati :) But we are programmed to build fat into our business models when we can because you never know when it mightn't rain. I also see risks outside of ag to my wealth moving forward ... Sure there'll be spenders but the smart ones will need to re-invest back into their farms to increase output capacity and efficiency so we have some hope of managing the hyperinflating cost base. For example massive liming programs, on farm storage, robust fertilizer regimes etc. Its quite a pleasant twist that in being proactive in hedging my costs away I can also leverage into the best investment themes that exist in the global context.
Yeah I had reception issues too. Usually very good ...
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