The Cattle Contract Library Act of 2021 has the support of many agriculture groups, including the National Farmers Union and American Farm Bureau Federation. The National Cattlemen’s Beef Association says there’s no single, silver bullet solution to the supply chain disruptions, but lawmakers can start by focusing on viable solutions with broad based support. R-CALF USA is witholding support, saying the bill does not address the competition-disrupting leverage highly concentrated beef packers have over the cattle market. R-CALF USA believes there are too many contracts and because of that, the price discovery market is being destroyed.
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