Members of the National Cattleman’s Beef Association have taken their first major policy step to increase cash trade levels.
Matt Deppe, CEO of the Iowa Cattlemen’s Association, says through the NCBA’s grassroots process, the members and the organization’s Board of Directors unanimously passed policy that supports voluntary efforts to improve cash fed cattle trade. “Those triggers would include a regular approach on what those levels of price discovery are per region,” he says. “In terms of negotiated grid type purchases or sales or negotiated cash as well as what levels consistently.”
He tells Brownfield it wasn’t exactly what they wanted, but it puts a tangible plan in place.