Mandatory price reporting is essential Ted said that the line on a supply and demand graph was actually a fuzzy, wide band. Because of the lack of information the seller was disadvantaged. The packer has more information than the feeder. Too subjective 2. Poor predictor of eating quality 3.
Modifications are too slow and costly, overhaul of the system is due.
D. Kenyon, Virginia Tech - Inconsistency is the biggest problem in pork. Smithfield is the leading exporter due to their quality control. Smithfield will go around the system if consistency and quality doesn't improve. They will develop their own genetics. All rights reserved.