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Thank you very much ... this seems consistent with what I was trying to provide. With our expense spreadsheet (broken down by "feed", etc.), we should be able to directly compute this spreadsheet's inputs. This was very helpful; thanks again.

Thanks for the responses. Maybe my more fundamental question is why my Dad is even looking at Globex futures info in the first place. Maybe he's relying on them for some reason when perhaps there's no connection between futures info and whatever reason he's using it. Maybe he's using it as a...

Hello, Question: what "procedure" would you recommend for making the most informed decision on how much to bid for feeder bulls? I'm mostly concerned with how to incorporate external data, specifically, A) the part played by Globex futures info on feeder calve prices (if any). B) other...