A bipartisan bill to establish a cattle contract library has been introduced in the US House of Representatives. 

Ethan Lane, vice-president of government relations with the National Cattlemen’s Beef Association says the bill would equip cattle producers with the market data to increase leverage in negotiations with major meatpackers.  “The contract library is one way to illustrate to the industry, and to participants who aren’t using these kinds of transactions just what kind of deals are out there,” he says. 

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