摘要：Mandatory price reporting legislation will make available to the public on a weekly basisinformation on terms of trade for forward contracts. The new information will provide marketingintentions details that were previously unavailable to agents in the fed cattle market. Anexperiment was designed to assess the potential impacts of this new information on pricediscovery and production efficiency. Results suggest that the proposed new information willreduce price level, reduce price dispersion, and improve production efficiency. Prices may bereduced as information risks are reduced for both buyers and sellers in the fed cattle market. Thisresult may not be popular among sellers in the market
