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South Dakota Representative Dusty Johnson (R-S.D.) recently introduced the Cattle Contract Library Act of 2021 (H.R.5609) requiring beef packers to provide details and types of forward contracts offered when purchasing fed cattle for slaughter. South Dakota Stockgrowers Association (SDSGA), South Dakota’s oldest livestock producer association, did not endorse H.R. 5609. SDSGA Marketing Committee reviewed the proposed […]
WASHINGTON, D.C. – The proposed Cattle Contract Library Act of 2021, sponsored by Representative Dusty Johnson, passed out of committee by voice vote this week. There is bipartisan support and can now be considered by the full US House. Sen. Deb Fischer (R-NE) was the first to forward legislation last spring that would have included […]