National Ag News

The USDA’s Agricultural Marketing Services is implementing changes to its mandatory price reporting.

Taylor Cox with AMS says they have been surveying industry stakeholders to see where updates to the system need to be made.

He says pork producers have expressed concern about the current percentage of negotiated hogs and would like to see that number increase.  “They like the transparency the negotiated market brings to them,” he says.  “They are uses of the negotiated market for their formulas for their base prices. 

Continue reading Field chief outlines updates to mandatory price reporting at Brownfield Ag News.