Posted by JD Seller on February 06, 2014 at 19:56:04 from (208.126.196.144):
In Reply to: Fat cattle results!!! posted by M Nut on February 03, 2014 at 17:17:13:
LAA: I was not trying to belittle your marketing abilities or plans. I just do not have the time or knowledge to get real complicated when marketing my fat cattle. I may have gotten 4% under the local market this time but just last year my contracts where coming in $5-10 per hundred over the local market. I feel that in my case the average will be real close how ever I market the cattle.
Some of this is a carry over from grain marketing. I used puts, calls, and delayed pricing for a number years. I found I was spending a lot of time and effort for not much in real gain.
I sleep better at night with simpler marketing plans. I know what I am going to get for my crop/cattle. I can then go on to something else secure in the price I agreed too. If it goes up then I really did not "lose" money. I may have miss and up opportunity but really did not lose any money. It does work both ways too. In a declining market I usually can beat the cash market on the way down.
What I have learned is that there is no single way to sell your crop/cattle that works universally across the whole country.
Have a good Week and hope the weather is treating you well. We are going below zero at night so it is making things tougher than they really need to be.
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