The head of the Iowa Cattlemen’s Association says they are continuing to push for market reform, mandating cattle are delivered within 14 days of a negotiated cash price.
Matt Deppe tells Brownfield, “We want to make sure that once we make a deal – text, written, verbal, those types of things – that they do get delivered and harvested on time,” Deppe said. “Because that affects not just our profitability as Midwestern producers, it absolutely affects the market fundamentals nationwide.”
Republican US Senator Chuck Grassley of Iowa says his Cattle Price Discovery and Transparency Act, recently passed out of the Ag Committee, addresses this issue.
