Buxton ND | peakliberty - 5/29/2015 06:28
Oh, now my cattle hedges are losing money! I know, I know they are a hedge so shouldn't look at it that way. But what are your thoughts on cattle?
I sold GFQ this morning for some over $224 and it does look weak for today
Your hedges are losing money while the critters on the hoof are making money.
You hedged at a ***very profitable level*** correct ? ? ?
Kinda like hedging corn for $8,,, WHO CARES if it goes to 8.50 your rolling in the dough ! ! ! ! !
STAY IN YOUR HEDGES.
Like Walt Hackley said last summer
"How much dam money do you wanna make on these cattle ?" |
Cattle
