A voluntary plan to increase price discovery in the cattle industry, developed by the National Cattlemen’s Beef Association, goes into effect on January 1st. But a top official of the organization says the packer participation segment of the plan is still a work in progress.
“We launched with the negotiated trade silo completed and what we’re working to complete right now is the packer participation part of that,” says NCBA’s Ethan Lane.
“We’ve been appreciative of the packers being open to what we have to say.
