| garvo - 5/27/2016 06:09
I have borrowed money from some ag poster's on ag talk who always preach buy and replace on the open market.my cattle can be hedged to at least insure they get there original money back -It's really not my money but one guy called yesterday and is worried that cattle went down $400 a head-I told him that we will just replace them and make it back, and asked for more money-it's only a 100 head and only $40,000-in 4 turns at a $100 head profit we should be back to even,
Surely the next bunch will not lose any money-kinda wish I would have spent some money on puts at least I could have weathered the down market'
Gee Gary it sounds like you have a partner, that can't be a good thing can it????
No one pays for a cow in one year, most are going to be three to five year notes = spreading out the "risk".
None of you guys have told how to protect a profit, just make the losses smaller which also makes the profits smaller on the up years.
The only thing a cow guy can control is the checks he wrights, that is where anyone needs to do their homework. |
Need information on price protection
