USDA Agricultural law expert Janie Hipp promised on Thursday to be “a big voice at the interdepartmental table” in dealing with cattle prices and biofuels if she is confirmed by the Senate to lead the USDA’s legal shop. “I commit to you that I will get on this [cattle price transparency] as one of my very, very top priorities,” said Hipp at a confirmation hearing, adding, “My phone is blowing up as well” with complaints from producers. Ranch and farm groups have complained repeatedly during the pandemic that high beef prices at the grocery store have not translated into higher prices for fed cattle. Last week, six farm groups called on the Justice Department to investigate the highly consolidated meatpacking industry, where four companies slaughter more than 80% of all beef cattle and only a fraction of cattle are sold on the spot market.
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A study conducted by researchers at the US Department of Energy’s Argonne National Laboratory reveals that the use of corn ethanol is reducing the carbon footprint and diminishing greenhouse gases.