Texas/New Mexico Stateline | Options are going to be horrible expensive at the money for August due to the time value.
Just a straight futures contract would be the cheapest if you are happy with the price now and potential margins don't scare you. If you have enough calves to fill a contract. 50,000#
Never messed with the revenue insurance, looks complicated but might be a good deal, dunno.
edit: Also you might look at selling them on a video auction for delivery in August. If you are pretty confident how they will turn out, you would know pretty much exactly what you will be getting. If you don't like the sale price you can PO it for not much $ I have heard.
Edited by milofarmer1 11/28/2011 13:26
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Revenue coverage for August feeders?
