Increase in Formula Priced Cattle

Increase in Formula Priced Cattle

iGrow

Cattle feeders and packers have been trading more cattle on a formula based pricing system and fewer on a negotiated basis in recent years according to data reported by USDA’s Agricultural Marketing Service," explained Darrell R. Mark, Adjunct Professor of Economics at South Dakota State University, in his regular Cattle & Corn Comments column on iGrow.

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