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SW MN Fulda | May be a dumb question, but trying to learn. With how markets moved down hard today and yesterday, cash cattle in the north at least was still steady to maybe down a couple but still king...but if one is looking at buying calves to finish by year end, how can you figure what the basis will likely be to get cash price? Had the option at calves today but with the board where it is, how does one know what the future months basis will be 6-8 months ahead of time? Obviously basis is phenomenal right now and a lot can change by fall but curious could lock in a pretty appealing fall basis right now.
Calves currently in yard are already hedged so not to worried about those. More so asking for trying to make current groups work better at the start so not staying open on them long | |
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Cash cattle marketing question
