6min chapter

Practically Ranching cover image

#24 - Lamar Steiger - The Cattleman and Walmart

Practically Ranching

CHAPTER

Is There Value in a Value-Based System?

I foresee a day where premiums and discounts aren't necessarily assessed on the cattle or the carcass. The information that is provided not just what that carcass did but maybe what last year's carcasses did when we value those feeder calves. Can a true value-based system assess equitably and you know properly assess value all the way back through that? I think to the basic question is probably both my son who's the blockchain guy he says that that being in aBlockchain will be your permission to do business with a supply chain. Being outside of permission or outside of a supply chain will be a bigger cost eventually down the road.

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