~SH~ said:7. No Economic Benefit with Mandatory ID. Basic economics tells us that if all cattle are tagged and tracked then there will be no premium for source verified cattle.
Now there's some real brilliance. If source verification did not have value to the consumer that was passed on to the producer, how can you explain the fact that some grids are offering premiums for source verification? Why would that value disappear if all cattle were source verified? Either source verification has value for all cattle or it has value for no cattle. The fact that grid premiums are allowed for source verified cattle proves it has value to the consumer. This dog wont hunt.
~SH~
I'll just take one so that I can illustrate your level of thinking. If there was a premium being paid for black cattle, then the USDA decreed that everybody must raise black cattle, would there still be a premium for black cattle?
NO. The supply would exceed the demand.
If 100% of cattle are source verified, would there be a premium paid for it?
This is kindergarten economics. Think about it.
If everybody sells source verified cattle, everybody gets a premium for their cattle.~~~~ To paraphrase you----------BWAAAHAHAHAHAHAAAAA.