For several months, National Cattlemen’s Beef Assn. (NCBA) has been hearing from its members across the country who are concerned about market volatility and how high frequency trading contributes to that volatility. As such, NCBA has instituted a working group with CME Group to address volatility in the cattle markets.
Colin Woodall, NCBA senior vice president of government affairs, said working together as an industry is the best way to resolve these issues.
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