Brester, Gary W.; Swanser, Kole; Crosby, Brett - In: Journal of agricultural and applied economics : JAEE 54 (2022) 3, pp. 531-547
Many cattle producers and producer organizations are concerned that the live cattle negotiated market has become too thin. The percentage of live cattle procured through direct negotiations has declined below 20%, while the percentage procured through formulas has increased to more than 60%....