Northeast Nebraska and Candelaria Philippines | I hope so, i put 2 contracts on it.
It's just a stab, i wouldn't know, but $20 is cheap, and for me the risk/reward is worth it.
Live cattle might offer a better risk/reward. Only thing about the cattle market that worries me is the ribeye, primerib, and cuts like that are mostly eaten in restaurants.
I'd like to buy 100 lbs of $7.00 primerib! That is a good investment for sure! |