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Insuring cattle floor price
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milofarmer1
Posted 11/12/2018 16:25 (#7101609 - in reply to #7101506)
Subject: RE: Insuring cattle floor price



Texas/New Mexico Stateline
Yes I understand.

Put options are exactly the same other than you are not buying them through an insurance agent.

Like other poster said, disadvantage is you have to buy them in 50000# contracts for feeders, and 40000# for fed cattle.


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