Posted 10/23/2023 06:58 (#10452358 - in reply to #10452309) Subject: RE: Question on backgrounding cattle
But puts on board or lrm insurance. Is about it. I've gone to puts they are tick more pricey but gets me right on the money vs 15 back in heifers which gets me to far back of board imo on the lrm. Plus if ship cattle before the end of month you bought on puts they still have value so you sell them recapture sone of that cost then it comes out close to lrm cost to begin with.