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cattle in salebarn
PROTECTING CATTLE PRODUCERS: Rep. Roger Marshall (R-Kan.) has introduced legislation that would protect cattle producers and sale barns in the event of dealer default or bankruptcy.

Dealer statutory trust would benefit livestock sellers

USDA report affirms feasibility of dealer trust in recovery in case of livestock dealer payment default.

A Dealer Statutory Trust would improve the recovery of livestock sellers in a dealer payment default while also allowing commerce to continue as usual, according to a U.S. Department of Agriculture report released Dec. 20.

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