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Animal Industry Report

Extension Number

ASL R3221

Topic

Beef

Summary and Implications

A convenient, web-based application was developed that utilizes Chicago Mercantile Exchange (CME) futures settlement price data to generate an expected margin. Futures price data is available for live cattle, feeder cattle, lean hogs, soybean meal, and corn. The prices of these commodities on the futures market can be hedged in advance of cash purchases or sales to reduce price risk or used to estimate potential margins when producing and selling fed cattle or market hogs.

Copyright Holder

Iowa State University

DOI

https://doi.org/10.31274/ans_air-180814-565

Language

en

Included in

Beef Science Commons

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