Posted 3/21/2024 13:23 (#10674028 - in reply to #10673945) Subject: RE: feeder cattle put option
Maybe look at LRP and compare. Some of that cost will be covered as a subsidy (kind of like crop insurance). There are pros and cons to LRP so make sure someone explains that well if you are not familiar.
Could also buy a put and sell a call above the market to cheapen up the put but may want to visit with a broker to make sure it's right for you.