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western iowa,by Denison | You could lock in 80% of them and gamble with 20%-on a 100 head lock in 80 and hold 20 on the open,good chance if market crash's you could still buy 80 more back again if market goes up a lot the other 20 fat cattle will offset your 80 head,and you could still buy the 80 higher price feeders to replace the 80 you sold,I have been selling about 85% and usually do ok-I'm in it for the longterm and wish to continue,playing the open market could be high risk at anytime. | |
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Thoughts on fat market
