WASHINGTON, D.C. - Nebraska Senator Deb Fischer says the Cattle Price Discovery and Transparency Act is a “very big deal” after compromising with Iowa Senator Chuck Grassley.
Fischer says one of the main parts of the legislation would be to have negotiated cash sales available.
"That's going to be mandatory and based on cattle markets in regions across the country which is something we had on our bill to be able to do that."
Fischer says the mandatory reporting will give cattle producers all of the information they need.
She says she’s pleased senators on both sides of the isle could come together and work on the legislation.