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Feeder cattle insurance
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Markwright
Posted
10/22/2010 13:20 (#1403414 - in reply to #1401443)
Subject:
RE: If your banking with Farm Credit Services
New Mexico
( old PCA/Federal land Bank
) alot of those, offer LPR in house so to speak.
Used to be you had a 2 day window
( after the fact
) to choose your floor price, which was nice.
Generally speaking, the govt subsidizes the cost of the put.
Say buying a regular put for your position costs $1 cwt, by going thru LPR cheapens the cost of that to approx 50 to 60 cents.
Feeder cattle insurance
-
Jake_NEIA
: 10/20/2010 20:53
RE: Feeder cattle insurance
-
Texas Papaw
: 10/20/2010 23:44
RE: If your banking with Farm Credit Services
-
Markwright
: 10/22/2010 13:20
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