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U.S. Cattle Producers Rally Around the Cattle Market Transparency Act of 2021 - AG INFORMATION NETWORK OF THE WEST


U.S. Cattle Producers Rally Around the Cattle Market Transparency Act of 2021
Thursday Mar 4th, 2021
U.S. Senators Deb Fischer (R-NE) and Ron Wyden (D-OR) have introduced the Cattle Market Transparency Act of 2021. The legislation seeks to accomplish two main goals: ensuring regionally sufficient negotiated cash trade, and equipping producers with more information to aid marketing decisions.
Other cosponsors of the bill include Senators Cindy Hyde-Smith (R-MS) and Mike Braun (R-IN).
United States Cattlemen’s Association (USCA) President Brooke Miller issued the following statement:
“USCA applauds Senators Fischer and Wyden for bringing forth a dynamic piece of legislation for a dynamic industry. The current conversations on increasing transparency and price discovery in the cattle marketplace began at the 2020 Winter Thaw in Billings, Montana, where USCA brought together industry leaders to brainstorm solutions to a thinning cash market. Those so ....

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USCA Backing Cattle Market Transparency Act


1 month ago
in Agriculture
Photo: WNAX
Senators Deb Fischer of Nebraska and Ron Wyden of Oregon have introduced the Cattle Market Transparency Act of 2021. The legislation seeks to ensure regionally sufficient negotiated cash trade and equipping producers with more information to aid marketing decisions. U.S. Cattlemen’s Association Vice President and Marketing Committee Chair Justin Tupper, a South Dakota cattle producer says the bill is a great start to making cattle markets more transparent and competitive.
He says the legislation does a good job of establishing what a cash trade is.
Tupper says the measure also contains more flexibility for cattle producers and establishes a contract library. ....

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