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It seems to me that the futures market on cattle should go away...
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JD_Cattle
Posted 3/27/2020 08:40 (#8142654 - in reply to #8140318)
Subject: RE: It seems to me that the futures market on cattle should go away...


Wright County, MN

Rod@night - 3/26/2020 11:57...  Would the sellers also be required to make delivery? Would every buyer be required to take delivery of every contract purchased? ...

What I would like to see is the ability to deliver or accept delivery.  Not necessarily forced delivery, just the ability to make it happen.  Basically anyone with cattle could sell and anyone who needs cattle can buy...or both could do either.  Take the pure speculators out of the equation.  That would still leave potentially millions of traders in the game.

Unfortunately that would leave the big packers as the biggest players and quite possibly not help us one darn bit.

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