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KBHB Radio - Makeup of policies, politics changing amid unified push to find solutions in meat markets


Makeup of policies, politics changing amid unified push to find solutions in meat markets
WASHINGTON, DC – The world’s largest meat packer considered the makeup of the U.S. meat industry sitting around the table at a recent closed-door and decided they didn’t want to take a seat.
JBS USA, a unit of the Brazilian meat conglomerate JBS SA, has left the National Cattlemen’s Beef Association (NCBA) in a surprise move that comes as the group began taking a harder line on concerns about market consolidation.
The news came as NCBA and other rancher and producer organizations have begun actively lobbying for more transactional transparency in the beef market – including more investigation by the US Department of Justice (DOJ)  into the prices cattle producers are getting versus what packers are getting and what consumers are paying. ....

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Congress again looks to improve cattle market woes


After the Holcomb fire and fallout from the COVID pandemic, cattle producers went looking for answers on improving market transparency. In an ongoing effort to provide a legislative response, Sen. Deb Fischer, R-Neb., joined with Sen. Ron Wyden, D-Ore., to offer the Cattle Market Transparency Act of 2021 to ensure robust regionally negotiated cash trade and provide producers with more pricing information.
The bill builds off the recommendations provided by USDA in its Boxed Beef and Fed Cattle Price Spread Investigation Report and discussions producers across the U.S. are having in response to historically low cattle prices and a dysfunctional marketplace. In response to the introduction, the bill was welcomed by industry players including the U.S. Cattlemen’s Association and the American Farm Bureau Federation, but each group left the door open for the need for additional discussion on the hotly debated topic that has varied by region and producer type. ....

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