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Ol’ Wisco | Are you happy with the margins you are making if you hedged them now (assuming a conservative basis estimate).
You have to asses if the risk of shooting for another $21/hd (ave Q/V @118.5 vs your $120 on 1400# fat) is worth your margin being cut by $20,30,40/hd.
If your happy with your margins sell them.
If you re worried about expensive feeders at refill look and see what the crush will do for you to offset that risk.
Edited by thereaper 4/12/2019 18:55
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PED verses ASF cattle verses hogs charts
