Friday, March 6, 2015
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
Cattlemen send marketing comments
Ranchers-Cattlemen Action Legal Fund, United Stockgrowers of America (R-CALF USA) submitted its formal comments Jan. 3 to the Commodity Futures Trading Commission (CFTC) for the CFTC’s rulemakings as required by the Dodd-Frank Wall Street Reform Act. According to a Jan. 4 R-CALF USA press release, the group urged the commission to use its rulemaking authority to fully restore the cattle futures market to its original purpose of affording U.S. cattle producers a useful marketing tool, void of distortion and manipulation by certain speculators and other dominant market participants, i.e., the concentrated meat packers. . . .
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