Information is so available it's unreal. This reality made it ironic to be in the NCBA's cattle marketing committee meeting at the Cattle Industry Convention debating transparency and the need for more information.
Proposed legislation would restore transparency and accountability in the cattle market by establishing regional negotiated cash minimums and equipping producers with more market information, says Neb. Sen. Deb Fischer.
In a letter to NCBA officers, agricultural economist Stephen R. Koontz says his work is taken out of context when used as a support for mandating beef packers to purchase at least 30% of their cattle on a cash basis.
On Wednesday, National Cattlemen’s Beef Association (NCBA) Policy Division Chair and South Dakota Rancher Todd Wilkinson issued a statement in response to a proposed bill to regulate spot cattle trades.