USDA Launches Pilot Cattle Contracts Library
The U.S. Department of Agriculture (USDA) launched its pilot Cattle Contracts Library today at Noon Eastern Time on the Agricultural Marketing Service (AMS) Cattle Contract Library webpage. The Consolidated Appropriations Act of 2022 directed USDA to create a pilot library to increase market transparency for cattle producers. This pilot library will provide new disclosure to the industry and public regarding the key terms, conditions, and volumes under which cattle are contracted, bringing sunshine to practices in what is now the largest part of the cattle market...
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