# Cattle industry divided on negotiated cash cattle bill - Agweek | #1 source for agriculture news, farming, markets

> Northern cattle feeders are pushing for legislation requiring packers to buy more cattle on negotiated cash terms. Producers say packer use of captive supply and formula cattle has pushed negotiated cash prices lower.

- Date: 2020-06-05 · published 2020-06-05T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/52751-cattle-industry-divided-on-negotiated-cash-cattle-bill-agweek-1-source-for
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A possible mandate for more negotiated cash purchases could raise cash cattle prices, but the outcome is uncertain and the bill is not yet law.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-07-30 | [Economists, Academics, Industry Agree: Supply, Demand, Labor, Economies of Scale  Drive Beef and Cattle Markets \| meatinstitute](https://feedsoft.ai/events/46207-economists-academics-industry-agree-supply-demand-labor-economies-of-scale.md) | +0.4% | +2.2% |
| LCATTLE | 2024-09-20 | [CME Reduces Price Limits In Cattle Contracts \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/28436-cme-reduces-price-limits-in-cattle-contracts-industry-news-feedlotmagazine-com.md) | +1.7% | +3.2% |
| LCATTLE | 2021-05-19 | [Livestock groups unite on need to address cattle markets](https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets.md) | -0.0% | +2.0% |
| LCATTLE | 2022-04-28 | [Cattle markets take center stage in ag committees](https://feedsoft.ai/events/41983-cattle-markets-take-center-stage-in-ag-committees.md) | -1.2% | -3.2% |
| LCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +1.1% | +3.1% |

## Sources

- agweek.com: https://www.agweek.com/news/cattle-industry-divided-on-negotiated-cash-cattle-bill

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.