Contract/Price Protection Services
Price protection services offered include:
Straight Futures: Fed cattle, feeder cattle and lean hogs (producer accepts all basis risk or gain).
Lean Hog Contracts: Net price is provided in 20,000 lbs. and 40,000 lbs. contracts for delivery months traded.
Options: Fed cattle, feeder cattle and lean hogs (floor price for each commodity traded is provided through use of put options and unlimited upside potential). Corn call options may be purchased to protect input costs for cattle and hog producers.
Packer Contracts: Fed cattle and lean hog contracts are written on behalf of Central Livestock producers.
Contact Bob Young at 1.800.733.1844 for additional information.
Chicago Mercantile Exchange Chicago Board of Trade