R-CALF

Cattle market fundamentals remain unchanged while psychology shifts the market due to the President’s comments and industry interference.

The House Ag Committee passed the Cattle Contract Library Act of 2021 by unanimous vote on Thursday. Supporters say the act would give greater transparency to cattle markets and more leverage to producers.

Monday’s reveal of the Senate’s updated cattle market reform bill generated some strong opinions from a cross-section of industry stakeholders, but no consensus.