Kindergarten: "SH, the crux of the case came down to whether or not the packers were discrimnating against the cash market."
The crux of the case came down to whether or not the packers were MANIPULATING THE MARKETS. Dropping your price in the cash market as your needs are met in the "non negotiated" formula market could be considered discriminating against the cash market due to the amount of cattle in the formula market BUT THAT IS NOT MARKET MANIPULATION.
Kindergarten: "The packers conveniently declined to produce the pricing structure of the captive supply when questioned by the plaintiffs so that it could be compared to the cash market purchases. Mike posted that info on Ranchers.net and it was not disputed."
THE BURDEN OF PROOF DOES NOT FALL ON THE ACCUSED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It is not IBP's responsibility to prove their innocense. How many times do I have to tell you that?????????
That information is readily available for anyone who wants to obtain it because the "non negotiated" formula price is based on the weekly weighted average of the cash price the week prior to delivery.
You just keep throwing out the same baseless allegations as if they will suddenly have merit.
Kindergarten: "The captive supply numbers/ inventory show exactly how much buying power the packers have at a given time. If the captive supply is biased so much that the packers have over the amount needed to operate the plant for a given amount of time, it totally blows your "if they reduce prices paid in the cash market as needs are met it is not manipulation" B.S."
WHY DOES THE FEEDING INDUSTRY NEED YOU TO SAVE THEM FROM THEIR OWN PRICING MECHANISMS?????
If producers don't like the cash price, THEY CAN SELL ON THE GRID, if they don't like the grid, THEY CAN FORWARD CONTRACT, if they want a negotiated base price, THEY CAN SELL ON ANGUS GENE NET, if they don't want to sell to Tyson, THEY CAN SELL TO EXCEL, SWIFT, AND USPB.
THE FEEDERS DO NOT NEED YOU TO SAVE THEM FROM THEIR PRICING MECHANISMS!
If Tyson has dropped their price due to having a lot of formula cattle already purchased, SELL TO THE OTHER PACKERS!!!!
What is so damn difficult to figure out about that?????
GAWD I GET SICK OF YOUR BASELESS CONSPIRACY THEORIES!!!!!!!!!
Kindergarten: "There are a lot of different games and circumstances that you have no knowledge about regarding the strategies of manipulation that can be employed with these tools."
You don't know a damn thing about this industry. All you know is these same wore out baseless conspiracy theories you keep parroting. You can't even reason.
~SH~