Just a thought for comment.
Much of the discussion in this room in the last several months has been on the disparity between retail/boxed beef prices and farmgate/fat cattle prices.
I am aware of some grids being developed that pay on boxed beef output, and also some work with boxed beef futures. Is this too far out there for most producers to use as a risk management tool?
In essence you either own or hedge your product past the rail and right into the box.
Valuechain, in some ways I see this as having some similarities to what your group is trying to do, although obviously with less potential reward.
Much of the discussion in this room in the last several months has been on the disparity between retail/boxed beef prices and farmgate/fat cattle prices.
I am aware of some grids being developed that pay on boxed beef output, and also some work with boxed beef futures. Is this too far out there for most producers to use as a risk management tool?
In essence you either own or hedge your product past the rail and right into the box.
Valuechain, in some ways I see this as having some similarities to what your group is trying to do, although obviously with less potential reward.