Trading Freight Futures

Not me. Meat prices will go up along with crop basics and grains by end of this year according to the lost herds and flooded states. Much of which will not plant this year at all. The lost calves will need years to replace.

I don't trade on that, but what I do try to do is have a floor freezer online with beef and other things in it before winter of this year. Until we get used to the new pricing next.

 

Opened Friday. Purchase freight cost just like any other future. Be interesting to see how it turns out.

 

Use a broker, ask them. Run your own account, info should be there. I don't really see what will make it different than a lot do now. You run contracts for 1,2,3,5 years with percentage increases a year now. I'm sure that FSC are excluded in the price. When there is a shortage how is it going to be covered at the price? Is going to be interesting.

 

Financially settled, monthly term trucking freight futures contracts are now available on Nodal Exchange for seven directional lanes between major freight markets, three calculated regional averages, and one national average: Los Angeles to Seattle Van; Seattle to Los Angeles Van; Los Angeles to Dallas Van; Dallas to Los Angeles Van; Chicago to Atlanta Van; Atlanta to Philadelphia Van; Philadelphia to Chicago Van; West US Van; South US Van; East US Van and National US Van. DAT Solutions, regarded as the North American truckload industry’s benchmark for pricing, has developed the daily price assessments being used for contract settlement across the 7 lanes and basket indices. These contracts have been chosen to provide a way for participants with exposure to truckload transportation costs to hedge their exposure.

 

If not on Cme exchange would not touch them.nadex only way to trade derivatives