Cattle crush spreads are an innovative way to allow cattle producers to hedge gross processing margin.  FCStone’s proprietary model uses specific ratios of feeder cattle, corn, and live cattle financial instruments to systematically protect margins for your particular feeding period.  In addition, our extensive research and historical data helps assist in the timing of when to place these spreads.  Over the past 3 years, FCStone has hedged over 15,000 head of cattle via cattle crush spreads, securing on average $17.62 per head of net positive margin.