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Code · Nebraska · Chapter 54 — Livestock

54-2619. Sales of cattle; pricing mechanisms; restrictions.

42 words·~1 min read·/ne/chapter-54/54-2619

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

It is unlawful for a packer to enter into a contract to purchase cattle for slaughter using a formula or grid pricing mechanism if the packer fails to negotiate a base price prior to the cattle being committed or scheduled for slaughter.
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