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Cattle Industry Opposition to Government Mandate Amplified Through Senate Hearing
The Senate Committee on Agriculture, Nutrition, and Forestry today held a hearing to discuss transparency and oversight within cattle marketing, specifically the Cattle Price Discovery and Transparency Act (S.4030) and additional oversight through the Office of the Special Investigator (S.3870). The hearing has been proceeded by months of debate over the need for increased transparency in cattle marketing, and today’s conversation highlighted the vehement opposition to government mandates by a majority of U.S. cattle producers.
“The majority of cattle producers have made it clear that..."
North American Meat Institute: Grassley-Fischer Bill is Still a Government Mandate on Producers
The North American Meat Institute today said the latest version of the Grassley-Fischer government mandate bill is now more onerous and more irrelevant as market driven prices for cattle producers have steadily risen to seven-year highs.
“Supply and demand has already driven the cattle markets back into balance without the radical government interference and convoluted mandates called for in the latest draft of the Grassley-Fischer bill,” said Meat Institute President and CEO Julie Anna Potts. “Make no mistake, the bill still contains government..."
Protein Markets Contend with More Than Just "Seasonal" Issues Heading Into Q4
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