Posted 12/14/2018 04:59 (#7170266 - in reply to #7170083) Subject: RE: Hedges/puts on feeder cattle?
Luke the Duke - 12/13/2018 22:39
They should cost around $1.60 at around 530 lbs. would try to take them to 800-850. Would like to make $75 a head
May feeders 146 strike price put is 5 dollars.
I don’t know your basis locally. We couldn’t get within a country mile of an even basis on an 800 lb warmed up heifer.
I’d be careful if I was you.