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Several Kansas cattle producers testified against SB 590 during a hearing at their state capitol in Topeka. Cattle businessmen told the Senate Judiciary Committee, the bill would take away their freedom to decide how cattle should be sold and impede the recent trend of increased beef demand. By prohibiting packers from owning cattle, the bill could make it illegal for individuals to forward contract cattle or sell livestock through many alliances. The Kansas Livestock Association president Alan Hess told committee members that cattle producers often initiate forward contracts with packers as a means of risk management. Many alliances have the goal of allowing producers to participate in profits realized "upstream" in the marketing chain. Rancher Henry Gardiner believes the market should reflect variations in value between cattle. "Please, please don't put our industry in an economic straitjacket that will prevent the beef industry from being able to compete in the marketplace," he said. |
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