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AFBF says it cannot support government mandates that force livestock processing facilities to purchase a set percentage of their live animal supply via cash bids.

Farm Bureau says it can’t support mandatory cash sales in any market reform

AFBF
January 25, 2022
Agriculture

WASHINGTON, D.C. – The American Farm Bureau Federation (AFBF) announced its support of the Cattle Price Discovery and Transparency Act of 2021, with the exception of the bill’s establishment of mandatory minimums for negotiated cash fed cattle purchases. AFBF delegates voted in Atlanta earlier this month to revise 2022 Farm Bureau policy. While Farm Bureau […]

Photo Faith Livestock Auction

Can industry, Congress get latest cattle marketing bill across the finish line?

News Staff
November 12, 2021
Agriculture

WASHINGTON, D.C. – The United States Cattlemen’s Association is all in. The National Cattlemen’s Beef Association says, maybe. For R-CALF USA, it’s not looking good. It points to the challenge of coming up with federal legislation to address diminishing price transparency in cattle markets, which most everyone agrees on. But how best to correct that […]

Kansas Livestock Association

First 75% reporting rule quarterly report shows over 19% violations

Livestock Marketing Information Center/Elliott Dennis, Assistant Professor & Livestock Extension Economist Department of Agricultural Economics, University of Nebraska – Lincoln
April 5, 2021
Agriculture

STURGIS, SD – As cattle and beef producers –along with politicians – continue to grapple with federal legislation to mandate greater price discovery and transparency in the live cattle and beef trade, the first quarterly report to come out of a much-debated voluntary reporting formula has been released. But with packers still not participating, how […]