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SW WI | Yes….the risk of the bold moves in the market. I’m not sure what exactly triggers suspension….limit moves?
But it is still at a time that guys may need it the worst. Laying off risk…but no one to take it?
And the latest….$123/hd premium, producer cost on a 52 week out policy, 100% coverage.
So for that 100%….you are giving up $8.xx cwt.
Then the 5 state settlement area which may or may not reflect your local markets…hell, even if you ship direct to plant….may not rectify completely.
Throw in that I’m feeding steins so there’s also a wider basis on them but that’s my own deal.
It’s just not a slam dunk….
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