04/07/2014
https://congress.gov...
"I think the exchange went to great lengths to try to change the terms of the cotton contract last year because a lot of people were concerned that the cotton market wasn't working properly."
"And our concern also is with the industry itself, the industry that has become so dominated by just four large packers that now control over 80 percent of all the fed steer and heifer slaughter."
"Right, so what steps would we need to take in order to protect, in effect, not just the taxpayers who ended up having to bail them out, but a lot of main street businesses that needed stability in the..."
"Trying to figure out what is the 'right level of compensation' ultimately is an arbitrary decision."