"It's interesting that Speer cites about 10 economists who have, themselves, cautioned the industry against tying contract prices to the cash market," Bullard concluded. "As Dr. Taylor points out, based on relative returns, a common-sense "country doctor of economy' would declare the meatpackers and food retailers to be "healthy, bordering on obesity,' but cattlemen as "sickly' and in need of major corrective treatment."
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R-CALF USA (Ranchers-Cattlemen Action Legal Fund, United Stockgrowers of America) is a national, nonprofit organization dedicated to ensuring the continued profitability and viability of the U.S. cattle industry. R-CALF USA represents thousands of U.S. cattle producers on trade and marketing issues. Members are located across 47 states and are primarily cow/calf operators, cattle backgrounders, and/or feedlot owners. R-CALF USA directors and committee chairs are extremely active unpaid volunteers. R-CALF USA has dozens of affiliate organizations and various main-street businesses are associate members. For more information, visit www.r-calfusa.com or, call 406-252-2516.
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