Posted 1/21/2013 20:22 (#2839463 - in reply to #2835202) Subject: RE: back to basics-feeding cattle -protecting your bottom line
Options are simply an insurance policy. You are paying an insurance premium to lock in a floor price. They are money losers about 90 % of the time. 50 head of cattle? Adam can afford a loss on that amount of cattle. Save your money and take your chances. If he had 500 head on feed that would be a different story.
back to basics-feeding cattle -protecting your bottom line
