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Ranchers.net

Haymaker keeps touting the merits of the Captive Supply Reform Act.


I have a question for all of you who think Captive Supplies are negatively impacting our cattle markets.

First remember the definition of captive supplies: those cattle owned or otherwise controlled by packers for more than 14 days prior to slaughter.

Considering that part of the captive supply reform act is to establish a base price on forward contracted cattle, can anyone tell me what percentage of "captive supply" cattle do not have a fixed base price?

Anyone?

Don't tell me you are blindly following the R-CALF/LMA pied pipers again!



~SH~
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