Live cattle prices are shooting higher and higher as the nation's herd contracts, but South Dakota Republican Dusty Johnson doesn't want that shift in market dynamics to keep Congress from considering steps to bring more transparency to the marketplace in the upcoming farm bill. Johnson, a member of the House Ag Committee who was a vocal proponent of added transparency measures in recent years, said lawmakers still need to address “underlying frailties within the marketplace” even though current prices for live cattle are reaching record highs.

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