I am Fred Stokes from Porterville, Mississippi. I am happy and honored to be a participant in this conference. Ralph Nader is one of my heroes and the epitome of unselfish commitment to worthy causes. I was born on a small diversified family farm in Kemper County Mississippi, the home of the late Senator John C. Stennis. After spending some 20 years in the Army, I retired and returned to my home country to get rich in the Read More …
Tag: cattle market
The GIPSA Bubble
by Randy Stevenson, President When the market moves, there is usually more than one single factor involved. This is especially true the more long-term we look at the market. But it is also common that one factor or another may have a stronger influence at any given time on the status of the market. It seems strange that over the past few months a rise of price in the cattle market has coincided with concern over the new Read More …
Put Up or Shut Up: Wanted, Documented Evidence of the Existance of Competition
by Randy Stevenson, President We have listened for quite a long time to a number of experts expound on the virtues and flaws of the cattle market. We’ve seen surveys (some masquerading as “studies”) that purport to give us a picture of what is happening in the cattle market. But we have a couple of questions we would like to put out to the public to see what kind of response we can get. The important issue in Read More …
Briefing Paper: Distorted Incentives: The Simple Arithmetic of Captive Supply
Marketing agreements harm feeders selling on the cash market, and they also harm captive feeders who participate in these marketing agreements. This document explains how these agreements work. Read more.