Feeder futures

[kenny thomas]

Dave, sometime about when i started this thread August 2024 futires were 2.80 or better. Got down to 2.40 along the way.

 

[Dave]

Dave, sometime about when i started this thread August 2024 futires were 2.80 or better. Got down to 2.40 along the way.

Futures market relies on the shin shoe boys more than actual producers.

LRP quote on steers under 600 for August. Their expected price is $2.8571. Top rate at 99.3% is $2.83 and cost $4.92 per cwt. The bottom of the scale is at 92.37% to get $2.63 and it cost $1 per cwt.

 

[Silver]

 

[kenny thomas]

Futures market relies on the shin shoe boys more than actual producers.

LRP quote on steers under 600 for August. Their expected price is $2.8571. Top rate at 99.3% is $2.83 and cost $4.92 per cwt. The bottom of the scale is at 92.37% to get $2.63 and it cost $1 per cwt.

Thats pretty cheap for a guaranteed profit.