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Non-Cattle Specific Topics
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Cattle dealer $ problems?
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<blockquote data-quote="Howdyjabo" data-source="post: 792275" data-attributes="member: 391"><p>From USDA website</p><p></p><p>Bonds Market agencies and dealers must maintain a bond as a measure of protection for livestock sellers against non-payment. The size of the bond is based on the volume of business, generally an average 2 days' business with a minimum of $10,000 bond. Packers whose annual livestock purchases exceed $500,000 are also required to be bonded.</p></blockquote><p></p>
[QUOTE="Howdyjabo, post: 792275, member: 391"] From USDA website Bonds Market agencies and dealers must maintain a bond as a measure of protection for livestock sellers against non-payment. The size of the bond is based on the volume of business, generally an average 2 days' business with a minimum of $10,000 bond. Packers whose annual livestock purchases exceed $500,000 are also required to be bonded. [/QUOTE]
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Cattle dealer $ problems?
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