# Did farmers really buy options on the CBOE? [closed]

I recently become interested in finance. Many books discuss options as simple examples of derivatives. I also read some "popular books". I read in "The Poker Face of Wall Street" that almost no farmers actually use commodity exchanges (p91), while in many places the opposite is claimed (for example, "Traders, Guns, & Money", p 25, says "The major users [of commodity futures] were really farmers"). Why are these two accounts differ?

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## closed as off topic by Joshua Chance, chrisaycockApr 3 '11 at 2:58

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Voting to close... basic and not very quant – Joshua Chance Apr 3 '11 at 0:44
Closed. This isn't a quant question at all. – chrisaycock Apr 3 '11 at 2:58
If you are interested in these types of questions, consider committing to the history.SE on area 51. – Tal Fishman Sep 15 '11 at 15:48