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western iowa,by Denison | Box beef down at noon-talk of $2.50 cash cattle asking
A margin call on my Oct hedges-took another 2 hedges off today and sold 57 head of Heifers for$237.65 nov del and before i lifted the 2 oct hedges it went up $1 more and got out at$238.65
such is luck of the draw a clean up per contract on cme at ($4210x2)figured real close to the 57 heifers i sold on packer contract $8420 or about $148 off of my live sale in Nov
1403# heifer at $3334-$148 hedge cost nets me $3186 or $227 live on those heifers
slowly working out of my Oct board hedge-I'm not comfortable making Margin calls
Adams 8100-gonna be a nice mixer tractor some day
Edited by garvo 4/8/2026 12:49
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Box beef down-Choice-$1.21 at $381.53 select at $3.86-margin call
