Cattle Contract Library may be ready first of year

IARN — As hearings have been happening on Capitol Hill concerning the future and the need for cattle market reformation, other tools to help farmers are closer to coming online.

The Cattle Contract Library is a million-dollar pilot program that is aimed at giving producers more information on the value of cattle contracts that are reached with packers, thereby giving producers information to negotiate better prices if they can.

USDA AMS Chief Bruce Summers told Ranking Ag Appropriations Republican John Hoeven that there is a possibility that they could be delivering the product almost a full ten months ahead of schedule.

For more on this story, visit the Iowa Agribusiness Radio Network.

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