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Source: REAL AGRICULTURE, 10/2/20
The U.S. Cattle Transparency Act introduced this year seeks transparency for our southern neighbour’s cattle market by mandating large-scale meat packers — those that slaughter over 125,000 cattle per week — to flow through the cash market, instead of alternative marketing arrangements. An earlier iteration of the bill included a 50:14 rule, where 50 per cent of cattle go through a mandated cash trade, with a 14 day-delivery term. This newest bill doesn’t include that 50:14 rule, but instead a mandatory minimum threshold of negotiated cash trade... For more of this story, click here.
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