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Yearling contract question
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Posted 3/6/2024 14:33 (#10654227 - in reply to #10654154)
Subject: RE: Yearling contract question


Southern IA
ahay68979 - 3/6/2024 13:36

If you had a chance to contract yearling heifers going out in late July early Aug at 900@ $2.40. Or steers at $2.51. Would you do it?


nope, take another .50 cents off corn and the fat cattle market corrects and moves up another $20, they'll be worth a lot more than that, but not leaving the bottom side unprotected, get some puts under them or buy an LRP policy. This thing will implode again, but still seems to be a lot of upside potential.
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