
Proposals to establish a mandatory minimum for negotiated cash trade in the cattle industry continue to stir debate.
One of those proposals would
mandate 50 percent of cattle be traded on a negotiated cash basis with 14-day
delivery.
Iowa cattle feeder and
commodity broker Brad Kooima says he supports the idea.
“I don’t know what the magic
number is. Nobody does. Whether it 31 or 48 or whatever,” Kooima says.