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Comment for Proposed Rule 76 FR 4752

  • From: Dale Smith
    Organization(s):

    Comment No: 48417
    Date: 9/28/2011

    Comment Text:

    Dear Mr. Sherrod,

    As a cattle feeder and rancher in the Texas Panhandle I am writing in opposition of lowering the spot position limits in Live Cattle from 450 to 300 contracts and possibly expiring the spot mid-month. This would severely affect my risk management program and increase my basis risk.

    Thank you for your time and attention to this matter.

    Sincerely,


    Dale Smith

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