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ah great-I dont qualify for payments on cattle-basis and sold
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Posted 5/23/2020 11:55 (#8275251 - in reply to #8275100)
Subject: RE: ah great-I dont qualify for payments on cattle-basis and sold

western iowa,by Denison
cornncows - 5/23/2020 10:32

garvo - 5/23/2020 09:04

LOL-I do not qualify-my basis contracts with priced cattle before the Jan 15th time frame and my new crop calves that are already sold between (april16th and may14th) means zero money so I guess there's another $200,000 in the pool for other cattlemen
Wow-should have used the board to hedge I guess
I do get paid on those 36hd-1602# heifers that were not contracted-and they sold $10 higher cash then my contracted ones and ring another $214 a head

Corn silage qualifier's if you have not presold it-grey aera

If you premarket they do not help-if your strictly cash you do-wonder what this does to formula cattle?

You state the new crop calves were sold between April 16 and May 15. Wouldn’t they be Considered part of highest inventory For the period On the first day yet?
Oh sorry-the cattle were sold before that -so they had a basis contract exercised before that time period and count as sold
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