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Biofuels industry urging 'technology neutral' approach to cutting carbon emissions

Biofuels industry urging 'technology neutral' approach to cutting carbon emissions
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Nelson: Leverage needed now for cattle value discovery


The cattle industry is abuzz with talk of financial pressures on ranchers and smaller, independent feedlots – feedlots that cash negotiate cattle and establish prices for the entire industry. Because 75% of these feedlots have gone out of business in the past 25 years, Congress is taking notice and the U.S. Senate Ag Committee held a hearing. While the hearing addressed many topics, one that received too little attention was the lack of leverage cattle feeders have when negotiating a price with the packer, resulting in lost cattle value.
Though we have some price discovery, cattle feeders have no leverage because too few cattle are purchased in the cash market to create robust competition. This prevents true value discovery and reduces cattle prices. ....

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