Utah State University Extension
Historically most cow-calf producers have not used the CME Feeder Cattle futures or options to hedge the sale price of their calves. University Extension specialists have conducted numerous workshops over many years to educate producers on the use of futures and options and yet only a small percentage of producers use these risk management tools.
Feuz, Dillon M., "A Comparison of the Effectiveness of Using Futures, Options, or LRP Insurance to Manage Risk for Cow-calf Producers" (2011). All Current Publications. Paper 1290.