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Weekly News Roundup
Five takeaways from OKFB’s CFAP webinar with Rep. Lucas
Congressman Frank Lucas of Oklahoma’s 3rd Congressional District provided insight into the USDA’s Coronavirus Food Assistance Program and how it affects farmers and ranchers during a live webinar with Oklahoma Farm Bureau on May 27.
Over the past 15 years, we have seen a dramatic shift in the way cattle are marketed. In the mid-2000s, roughly 50%-60% of cattle sold were through the negotiated market. Over time, this method of marketing fed cattle has declined and been replaced by formula transactions.