Political Quotes

Gilbert Gutknecht: “my experience, I think the gentleman from Iowa is referring to, is that I am a licensed and bonded auctioneer. Yes, I…”

On the recordOctober 3, 2000
my experience, I think the gentleman from Iowa is referring to, is that I am a licensed and bonded auctioneer. Yes, I can spit it out pretty fast. I would like to illustrate, 10 years ago, about 80 percent of the livestock in the United States was sold either in what we call a spot market or in some kind of an auction format. That has now changed that 80 percent of livestock today is sold under some kind of a contract. Now, I am not totally opposed to contracts, but we have a number of problems with contracts. One is transparency. Many times one producer, independent producers living right across the road from each other, both could have contracts with the same packer, and neither may know what the other's contract really is.
Said by
Gilbert Gutknecht
Republican · Minnesota
Source
govinfo.gov

Editor's note · Context

Discussing changes in livestock sales and the issues with contract transparency.

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