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this video is going to go into a deeper analysis of how to put in contracts and options we are bringing into this table the use of cordage month and this number comes from the monthly margins page of 7.2 bushels per hog times a thousand hogs but when you put in a contract to cover your usage you can do each individual month if you wish for example here we have a January usage contract of 70 200 bushels and weve designated to get consumed in January in February we went with a much larger contract where it spanned over a number of months each individual month will consume the 7200 required bushels but then in May we only have thirty four hundred bushels left in the next contract picks up the remainder of the May usage and keeps on going the purpose is to have the contracts match to your own buying habits we can also work with options here we have that another 25,000 bushel contract but this contract included an option it was a put that was purchased for twenty cents a bushel with an adm
