A recent report from Texas A&M’s Agriculture and Food Policy Center says government mandates for price discovery could cost the cattle industry billions of dollars.
David Anderson, a livestock economist and editor for the 180-page report, with Texas A&M tells Brownfield the industry is complex, and an easy solution doesn’t exist.
He says mandates for negotiated cash trade will have limited impacts. “That doesn’t mandate that everybody is going to get a bid every week for the cattle they’re trying to sell,” Anderson says.
