South Dakota Cooperative Extension Service
Significant changes in the dynamics of the South Dakota livestock industry are providing producers an opportunity to evaluate new livestock care and feeding arrangements. Many of these arrangements involve livestock production contracts. A livestock production contract can be defined as an agreement under which a producer feeds and cares for livestock owned by a contractor in return for payment. Production contracts should be distinguished from marketing agreements, cash forward contracts, and futures contracts which involve the sale of livestock produced and owned by the producer. This checklist has been developed by Extension ag production specialists to serve as an educational tool for producers considering a livestock production contract. The producer is encouraged to ask the type of questions posed in the checklist before signing a contract. No checklist can raise every relevant question, and conversely, this checklist may raise questions that are not relevant to each producer.
South Dakota State University, Coopeative Extension Service,, "Livestock production Contract Checklist for South Dakota Producers" (1996). SDSU Extension Circulars. 465.