Caution for the Cattle Market: Buy Puts

May 2, 2017 02:58 PM

The cash cattle market is “extremely strong” which is driving futures, according to Brian Splitt of Allendale, Inc.

He told AgDay host Clinton Griffiths producers need to be mindful because the fund position is “extremely” long.

Hear why Splitt advises cattle producers to buy puts on AgDay above.

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