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Oklahoma State Extension explains how feeder cattle price slides adjust prices for weight differences from a base weight, expressed as a percentage of the base price. The article uses an example of 575 lb steers at a base price of $150/cwt to show how slides apply to forward contracts.
Price slides determine how contracted cattle are priced when actual weights differ from the base, so buyers and sellers need them to manage weight-based risk. The article is educational and does not signal a market move.
beefcenter.orgDerrell Peel, Oklahoma State University ExtensionOct 18, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
