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What if a producer decides to withdraw his Bred Heifer offer after his Herd Retirement bid and Bred Heifer offer are accepted by CWT?

April 26, 2017bid bred decides heifer herd Offer producer retirement withdraw

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What if a producer decides to withdraw his Bred Heifer offer after his Herd Retirement bid and Bred Heifer offer are accepted by CWT?

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The producer is required to pay liquidated damages of $6.00 per bred heifer offered or $600, whichever is greater.