Alan Guebert talks about beef processors holding too much market power. He feels that too many politics are being played amongst our political leaders and within our cattle organizations.
Brad Kooima discusses the details of NCBA’s increased negotiated cash trade policy that was passed last week at their summer meetings in Denver. He explains the two fed cattle policies that were brought to the table and the compromise that unfolded to pass policy unanimously.
Keith Eichler talks about the need for cattle producers to get involved with industry issues. He also discusses the benefits of the 50/14 legislation, the need for a beef checkoff referendum, and the threat of the RFID initiative.
VIDEO: Sheep rancher Carson Jorgensen discusses repercussions of JBS purchase of Mountain States Plant
Carson Jorgensen explains how the sheep industry is hanging by a thread as one of their key processing plants has been acquired by JBS who plans to halt lamb processing.
AUDIO: Jeff Brown, Manager of Riverton Livestock Auction, discusses the implications of packers having too much information at their disposal
Jeff Brown, Manager of Riverton Livestock Auction, explains the need for increased competition in our fed cattle markets. He feels that the packers have too much information at their disposal, and this has led to decreased negotiation.
Fred Berger explains how the CME cattle futures has too high of limits that cause excessive swings in the futures. The cattle industry needs to somehow come together and make changes to the CME so these big swings aren’t possible.