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Cme 1.00 dollar move feeder cattle= dollars ????
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Becker
Posted 7/13/2020 16:10 (#8371552 - in reply to #8371228)
Subject: RE: Cme 1.00 dollar move feeder cattle= dollars ????


The Feeder cattle cortarct is 50,000 lbs. If you take delivery at $1 per pound you pay $50,000. If cattle price goes up by a dollar to $2 per pound you'd pay $100,000.


Edited by Becker 7/13/2020 16:14
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