[pyuser583]

A bit … each customers cattle is sequestered. You get an actual cow with a name/number. You can take the cow home if you want - it’s yours.

More like owning a pet horse.

[sangnoir]

It's a little short of full-on financialization of a cattle. So, perhaps closer to beef/dairy futures? What's missing is a bank classifying the cattle, selling them fractionally, and creating a hedging instrument.

If you own oil or soy futures, you can go get the product if you like (to everyone's inconvenience). This is not far off.