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2015 Nebraska Revised Statutes
Chapter 54 - LIVESTOCK
54-2619 Sales of cattle; pricing mechanisms; restrictions.

NE Code § 54-2619 (2015) What's This?

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

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.

Source

  • Laws 1999, LB 835, ยง 19.

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