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hi this is drew with Daniels AG services and today in the Wilkins AG why risk management series were gonna stick with the most very basic question that you can ask and that is what is a hedge so were not gonna go over any examples on specific hedge strategies or what have you were just gonna go through a couple of examples here on what is a hedge and what isnt a hedge a lot of times youll be talking with someone that has an interest in hedging or just someone that wants to talk about the markets in general and youll mention hedging and it almost comes off as a little bit of a dirty word they know someone that got burned hedging in the past or margin calls things like that what have you and youll commonly hear phrases like Im not looking to add to my risk Ive already got enough out in the field when youre talking to a producer and thats one of the common misunderstandings as far as when it comes to hedging because the markets were invented actually to hedge and a hedge is so