JMJ Farms
Well-known member
I know that cattle orders for stocker operations, backgrounding, and feedlots are based in part on futures. I also understand the basis in my area may differ from Texas or Oregon. My question is.... Is there a way to determine what order buyers will be willing to pay on a given day based solely on futures? Or is it hit and miss depending on the particular order, and how bad the customer who gave the order to the order buyer wants or needs the cattle on that particular day or week?