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Cattle producers urge CFTC to focus on prices in wake of plant fire

US Cattlemen's Association warns of potential for 'undue profiteering'

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The US Cattlemen's Association is asking Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert to hold a summit with cattle industry stakeholders to hear their concerns over "complexities and irregularities" in the futures market, and warning of "the potential for undue profiteering" in the wake of a major fire at Tyson Foods' beef plant in Holcomb, Kansas earlier this month.

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