Posted 12/17/2017 12:17 (#6434984 - in reply to #6434968) Subject: RE: Feeder futures price
Cullom, Illinois
Well, I've got to use something to figure feeder price. Using local sale barn price and USDA reports shows what's happened in the past, not the future. So unless someone has a better solution, it's all we've got. I can adjust basis to make the feeder index more realistic.