Suppose you purchase a March 2017 feeder cattle futures contract on this day at the last price of the day. Use Table 23.1 What will your profit or loss be if feeder cattle prices turn out to be $1.21673 per pound at expiration? (Do not round intermediate calculations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.) 0.49 229,809 0.37 111,505 -8.00 947.50 972.50 9,388 2,516 -8.50 .0055 111,133 ,0059 72,273 443-50 11.00 179,982 137,497 455.25 11.75 .0175 112,099 85,512 .0122 451.25 9.25 71,740 475.00 8.50 69,377 .015 197,215 .013 568.50 11.00 24,788 .017 566.50 9.25 29,537 .019 146,224 137,143 79,485 79,570 93,442 .020 123.625 124.050 1.325 1.075 19,575 10,511 .020 Dec 54.79 55-35 54.79 55.21 Dec'18 55.10 55.50 55.04 55.32 NY Harbor ULSD (NYM)-42,000 gal; $ per gal. March 1.6360 1.6624 1.6345 1.6415 April 1.6443 1.6693 1.6435 1.6500 Gasoline-NY RBOB (NYM)-42,000 gal; $ per gal. March 1.5510 1.5811 1.5471 1.5702 April 1.7600 1.7800 1.7575 1.7741 Natural Gas (NYM)-10,000 MMBtu; $ per MMBtu. March 3.143 3.189 3.110 3.141 April 3-212 3.253 3.179 3.209 May 3.269 3-311 3.240 3.272 June 3:339 3-365 3.298 3-330 July 3-385 3.413 3-350 3.380 Oct 3.385 3.423 3-358 3.392 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. March 369.50 372.75 367.50 369.50 May 377.25 380.25 375.25 377.25 Oats (CBT)-5,000 bu; cents per bu. March 256.00 257.50 250.00 254.50 May 248.25 254.00 246.00 253.00 Soybeans (CBT)-5,000 bu, cents per bu. March 1057.00 1045.00 1050.50 May 1055.50 1061.50 Soybean Meal (CBT)-100 tons; $ per ton. March 340.70 341.60 335.90 338.40 May 344.80 345.80 340.10 342.60 Soybean Oil (CBT)-60,000 lbs; cents per lb. March 34.67 34.98 34.47 34.67 May 34.96 35.26 34.76 34.95 Rough Rice (CBT)-2,000 cwt $ per cwt. March 953.00 960.50 942.00 May 978.50 984.50 968.00 Wheat (CBT)-5,000 bu.; cents per bu. March 430.50 444.00 429.50 May 442.00 455-50 440.75 Wheat (KC)-5,000 bu, cents per bu. March 440.25 451.75 438.25 July 465.25 475.25 462.75 Wheat (MPLS)-5,000 bu; cents per bu. March 557-50 569.50 556.00 May 556.75 567.00 555-50 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. March 122.525 123.800 121.900 April 123.250 124.200 122.450 Cattle-Live (CME)-40,000 lbs; cents per lb. Feb 117.250 117-750 116.775 April 115.000 115.175 114.125 Hogs-Lean (CME)-40,000 lbs; cents per lb. Feb 73.900 74.500 73-550 April 72.125 72.250 70.625 Lumber (CME)-110.000 bd. ft., $ per 1,000 bd. ft. March 381.70 381.70 373.80 May 379.60 381.70 375.90 Milk (CME)-200,000 lbs.; cents per lb. Feb 16.87 16.89 16.79 March 16.91 17.03 16.73 Cocoa (ICE-US)-10 metric tons; $ per ton. March 1,993 2,018 7 1,969 May 2,008 2,038 7 1,988 Coffee (ICE-US)-37.500 lbs; cents per lb. 117.650 .875 17.410 144,593 -1.25 114.825 .075 500,405 346,739 -1.25 74.225 .875 14,671 50 70.775 -.950 104,603 4,155 3,027 3.00 3-50 375.40 378.40 2,698 1,541 2.60 1061.50 1071.50 -8.25 -7.75 248,998 210,368 1067.25 16.85 4,180 -2.80 126,399 16.97 .03 4,392 -2.70 122,484 -19 35.455 1,974 1,996 -.02 123,991 -15 105,293 -.03 118,319
