You have just put a pen of cattle on feed at a feedyard.  To manage your risk, you sell half of your pen as a contract on the futures for $180, and then at the end of the feeding period you bought back the contract for $175, and sold the cattle on the cash market for $176.  The final net price that you received for the cattle was:

List 5 factors affecting stocker cattle profitability from the slide shown in class which listed approximately 30 factors.

Hedges are required to be held throughout the cattle feeding term.

In the study which examined the best time to gather stockers off pasture, which time of the morning was found to cause the least amount of shrink?

Burning pastures for stocker operations is not recommended. It usually does not increase animal performance.

Choose the most appropriate answer to each question.  Letters may be used only once.  2.0 pts each.

All of the following are potential causes of dark cutting beef except:

Which of the following will typically be the greatest component (or have the greatest impact) of profit and loss for finished cattle?

Leukocyte surface markers identify cell lineage and are helpful in differentiating neoplastic hematologic disorders. What is one method used to identify these surface markers?

Which of the following laboratory values would best correlate with moderate polychromasia on the peripheral blood smear?