The Cattle Contracts Library is one step closer to reality with the USDA’s Agricultural Marketing Service launch of a pilot library.
The Cattle Contracts Library concept came from H.R. 5609 and called on USDA to create a user-friendly cattle contract library that will publish information pertaining to the type of contract; the duration of the contract; provisions in the contract that may affect the base price of the cattle; schedules of premiums or discounts; and transportation arrangements.
AMS hosted a listening session in…
