Stock markets are not cattle markets. Cattle markets were transparent with voluntary price reporting. All Mandatory Price Reporting did was muddy the water.
Keep justifying your "socialist" agenda Sandbag!
The cattle markets were transparent before MPR. MPR just added to the confusion. Nebraska Cattlemens has the right approach. You can access "real time" price reporting as it's happening in exchange for reporting your prices. It didn't take your stupid government mandates either. You're always looking for another government mandate to solve your "PERCEIVED" problems like the liberal you are.
FINISH THE SENTENCE!!!!!!!!!!!!!!
THERE WAS EVIDENCE TO SUPPORT THE JURY'S FINDING THAT THE USE OF MARKETING AGREEMENTS HAS RESULTED IN LOWER PRICES FOR CATTLE BOTH ON THE CASH MARKET AND THE MARKET AS A WHOLE.
LOWER PRICES IN THE CASH MARKET IS NOT MARKET MANIPULATION, IT'S SIMPLY LOWER PRICES.
There is also times when there is lower prices in the formula market than the cash market. IS THAT REVERSE MANIPULATION???? SHOULD THE FORMULA SELLERS BE SCREAMING ABOUT MARKET MANIPULATION????
If you are going to use the argument that lower prices in the cash market is proof of market manipulation, then lower prices in the salebarn as compared to the video auction must also be considered market manipulation.
You can't apply one set of standards to the packers and not have it apply to the other segments of this industry as well.
Packers and STOCKYARDS act doesn't just regulate packers.
Pickett proved lower prices in the cash market. The Tyson witness during Pickett even stated that when captive supplies go up, the cash price comes down. SO WHAT??? WHEN MY NEEDS ARE FILLED THE PRICE I'M WILLING TO PAY FOR THE BALANCE OF MY NEEDS DROPS TOO. Is that market manipulation or a supply and demand factor???
YOU HAVE PROOF OF LOWER PRICES IN THE CASH MARKET, NOT PROOF OF MARKET MANIPULATION.
This dog won't hunt either. Keep checking the dog pounds Sandbag, you're bound to find a dog that will hunt something eventually.
YOU GOT NOTHING AGAIN!
~SH~