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New Mexico | same actually.
Govt pays bout 1/2 the cost of your put in the ra scenario.
Used to be you had 2 days to pick your sales price ( thus market close on day 3, you could go backwards and pick the highest close day of the 2 previous, ie kind of a NICE feature ).
Generally puts expire worthless ( even the ones bought right before the 03 correction ie del for May / June of 04 expired worthless and right at cash money ) and one just sells the cattle for higher cash money
Edited by Markwright 11/28/2011 16:33
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Revenue coverage for August feeders?
