Neb. Rev. Stat. §§ 54-2619

Current with changes through the 2024 First Special Legislative Session
Section 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.

Neb. Rev. Stat. §§ 54-2619

Laws 1999, LB 835, § 19.