Regulatory sim · path to full Nebraska adoption

Every approval, in order. Then the ramp to $— a year.

SPAG021 in Nebraska covers four products: cattle (feeder and fed), hogs, corn and soybeans. Each one goes live only when its approvals clear, then ramps toward the adoption you set. Change any approval's duration, any adoption target, or switch on the federal price-discovery scenario, and the timeline and revenue update.

All products live—

Year-3 annual revenue—

Year-5 annual revenue—

10-year cumulative revenue—

01 · Approvals

What has to clear before each product goes live.

Durations are planning assumptions, not agency commitments; edit them. Bars start when their prerequisites finish. The federal registration (Packers & Stockyards) is the one that later carries cattle and hogs into every other state.

Banking & capitalFederal livestockNebraska livestockHogsGrainCommercial onboarding

Product	Gated by	Goes live	Annual revenue at 100%	Target adoption	Reached by

Counsel questions that change the timeline: (1) whether an online-only venue needs Nebraska's auction-market license, which requires a finding that it "would beneficially serve the livestock economy"; (2) whether SPAG021 can stay a venue for grain (licensed elevators, processors and ethanol plants buy; SPAG021 never owns the grain) and avoid a grain dealer license; (3) how brand inspection in the western two-thirds of the state attaches to online sales. Nebraska's LB 1258 (2026) would make brand inspection voluntary; it is not law.

02 · Adoption

From pilot to full Nebraska adoption.

Each product ramps on an S-curve from its go-live month to its target share of Nebraska volume. Set targets to 100% to see the full-adoption path; the defaults are a conservative 10-year case.

Federal scenario: cattle price-discovery minimums enacted

Enacted in year3

Fed cattle target if enacted50%

The Cattle Price Discovery and Transparency Act would require large packers to buy a regional minimum of fed cattle through approved methods, including trading systems where multiple buyers and sellers regularly make and accept bids. It has not passed. Off by default.

Annual SPAG021 revenue by product

03 · Beyond Nebraska

One federal registration carries livestock. Grain goes state by state.

The same approvals map onto every other state differently by product.

Federal · reusable everywhere

Cattle & hogs

Packers & Stockyards market agencyOne USDA registration

Online/video sellers on commissionCovered since 2016

State overlaysBrand states, some auction permits

State by state

Corn & soybeans

States licensing grain dealers≈32

States with an indemnity fund≈15

Venue structureMay avoid dealer status

Federal policy · upside

Fed cattle

Price discovery minimumsNot law

Lead sponsorSen. Deb Fischer (NE)

If enactedNational in one step

Model the national rollout, state waves and the federal scenario in the US expansion sim.