VB RANCH
Well-known member
what is the fairness in cattle pricing bill or what ever, that the farmers union got going
:lol: :lol:USDA today issued its long-awaited, final GIPSA rule, lacking many of the provisions favored by some beef cattle groups and opposed by others. The rule focuses primarily on contract arrangements between poultry and hog growers, companies and packers, leaving out, for now, some of the most contentious provisions relating to beef cattle marketing.
Clearly, the USDA has bowed to the pressure of the meatpackers and their allies who do not want USDA to oversee the unfair trade practices that are going on in our industry,” said Bill Bullard, chief executive of R-CALF USA, a group that represents small to mid-sized cattle producers.
See: http://www.businessdictionary.com/definition/factoring.htmlIn finance factoring, the factor (called the financing factor) advances funds to a producer or a manufacturing firm, on the security of produce or goods that will be produced or manufactured utilizing those funds.