The National Cattlemen’s Beef Association has released its plan to increase price discovery in the cattle industry.
NCBA calls it the “75%” plan. It’s a voluntary and regional approach calling for each region to achieve at least 75 percent of the weekly negotiated trade volume that is, quote, “necessary for robust price discovery in that specific region”.
Ashley Kohls with the Nebraska Cattlemen’s organization tells Brownfield they’re pleased with the plan.