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22min chapter
#45 - Ted Schroeder, Markets...and the People Who Make Them
Practically Ranching
Understanding Market Prices and Trading in Agriculture
This chapter explores the significance of marketing and economics discussions in agriculture, focusing on market prices and trading in the cattle industry. It delves into the challenges of speculation, the evolution of cattle merchandising, efforts to ensure fair payment for cattle, and the introduction of the cattle contracts library by the USDA.
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