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Stephen Koontz

Dr. Stephen Koontz, Colorado State University, talks about the economics of the fed cattle markets and the issues with thinning cash trade. Dr. Koontz's key take aways: "Free markets are not free": markets require and consume resources and are expensive.

Dr. Koontz suggested that producers need to make market function & survival the result of an industry-level decision & not something that "just happens".