R-CALF Issues Rebuke on Call for Regional Cash Market Minimums

R-CALF USA recently sent a white paper to the Senate Agriculture Committee calling for mandating large packing plants to purchase at least 50% of their cattle needs from negotiated cash cattle markets. R-CALF USA says the white paper provides real-time evidence that varying minimum cash cattle purchase requirements region-to-region will allow major beef packers to continue denying timely market access to independent cattle feeders.

The document is titled, “Why a 50% National Negotiated Cash Volume Is Needed and Why That Volume Should Not Vary Region by Region.”

The group’s paper provides the example of at least one Iowa cash cattle seller who was informed that one major packer was out of the market for five weeks and another was reducing Iowa cash cattle purchases. By mandating that all large packing plants purchase at least 50% of their cattle needs from negotiated cash cattle markets, the group says Congress can ensure that independent cattle producers located everywhere have access to a competitive market.

Click Here if you would like to read that white paper.

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