"Though we have some price discovery, cattle feeders have no leverage because too few cattle are purchased in the cash market to create robust competition," wrote Eric Nelson, a farmer/feeder/rancher and R-CALF USA Region VII director from Moville, IA.
source https://www.wlj.net/opinion/letters_to_editor/letter-to-the-editor-leverage-needed-now-for-cattle-value-discovery/article_29e0a9ae-e0d9-11eb-873a-2fa369a993aa.html
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