Business and Finance
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Business and Finance
Source : (remove) : Beef Central
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Nigel Kerin's 2024 trade: Using forward contracts and swaps on thousands of heifers

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The article from Beef Central discusses how Nigel Kerins, a prominent figure in the beef industry, has utilized forward contracts and swaps to manage his cattle trading in 2024. Kerins, who operates in Victoria, has locked in prices for thousands of heifers through these financial instruments, aiming to mitigate the risks associated with price volatility in the cattle market. This strategy allows him to secure a predictable income stream by setting prices in advance, which is particularly beneficial in an environment where cattle prices can fluctuate significantly due to various market and environmental factors. The article highlights how such financial tools are becoming increasingly popular among livestock producers to stabilize income and manage market risks effectively.

Read the Full Beef Central Article at:
[ https://www.beefcentral.com/news/nigel-kerins-2024-trade-using-forward-contracts-and-swaps-on-thousands-of-heifers/ ]