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Poll for Meat Guys, Millers, and Crushers
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mikado
Posted 1/31/2016 10:24 (#5076752 - in reply to #5076500)
Subject: RE: Poll for Meat Guys, Millers, and Crushers


SW WI
Don, can you explain your 90% cash sold hogs 2016 a little more. I am very naive with the different things that can be done in the hog market. I wasn't aware of packers offering a "cash" price for months going forward. I have always been steered, by the packer, to use the board if I want price protection. I am very interested in a cash option, since sadly, there are a lot of games played with the basis vs. board when delivery is immenant. Although I'm sure a packer will work in a substantial basis to offer that cash price for outward months.

By the way 100% meal hedged for 2016
0% meal 2017 but soon to change.
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