PAGE TITLE

NCBA offers new plan to increase price discovery

cattle

In a bid to bring more transparency to the cattle price discovery process, the National Cattlemen’s Beef Association (NCBA) last week outlined a new system requiring beef packers to meet certain thresholds of negotiated cash sales in order to avoid a push for government mandates.

Dubbed the “75% Plan,” the system lays out a framework for  establishing minimum negotiated cash trade benchmarks that packers must meet on a regional basis. 

The Iowa Cattlemen’s Association earlier this year announced support for...




Members Only Content

Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.