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NE Nebraska | Here is the fix guys, hedge your own darn cattle!!! Do not!, I repeat Do Not contract cattle with the packer. First it gives them committed supply, second look at the huuugggge positive basis you are missing out on and they are profiting from!! Im sorry guys but I have no sympathy for anyone missing out on this positive basis when they should never put themselfs in that situation. Take control of your own destiny, go to the board for your price protection, and let the packer get hungry and be in the cash market!! I have a feeling Id feel worse than having corona virus, knowing not only is the packer making huge money off of my cash cattle but to have them make another $15 on the basis that should be in my own pocket!!. | |
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