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Just wondering.
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<blockquote data-quote="1wlimo" data-source="post: 898182" data-attributes="member: 16646"><p>Your are correct IBRN in most of what you say, however there are a few on this thread that are new to the cattle and need to learn, and sadly there are so many people that have no idea how to run a business. Look at the banks for example. </p><p></p><p>When looking at market price and future returns etc there are so many variables. Drought, rain, world economy, trade routes and talks etc. So there is still a valid discussion as to where prices may go to. </p><p></p><p>The use of futres, options, contracts etc is also not risk free. Things can go wrong very fast on some occasions. Prices rise and you fail to fill your contract for example. Buying in to fill a contract at a now high price has put a few businesses under.</p></blockquote><p></p>
[QUOTE="1wlimo, post: 898182, member: 16646"] Your are correct IBRN in most of what you say, however there are a few on this thread that are new to the cattle and need to learn, and sadly there are so many people that have no idea how to run a business. Look at the banks for example. When looking at market price and future returns etc there are so many variables. Drought, rain, world economy, trade routes and talks etc. So there is still a valid discussion as to where prices may go to. The use of futres, options, contracts etc is also not risk free. Things can go wrong very fast on some occasions. Prices rise and you fail to fill your contract for example. Buying in to fill a contract at a now high price has put a few businesses under. [/QUOTE]
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