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Oklahoma's Latest Farm
And Ranch News
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USDA Announces Proposed Interventions in Fed Cattle Marketing- TCFA Calls It Bad News | |
This past week, U.S Department of Agriculture (USDA) Secretary Tom Vilsack announced additional steps “to promote fair and competitive markets for American farmers and ranchers, and lower food prices for American families.” The following actions were rolled-out at a Farmers and Ranchers in Action event hosted by the White House:
Among the proposals- USDA announced the next steps in a new rulemaking effort under the Packers & Stockyards Act of 1921 to enhance price discovery and fairness in cattle markets. USDA issued an Advanced Notice of Proposed Rulemaking (ANPR) which was published today in the Federal Register to seek comment on several possible interventions to develop new benchmarks as Alternative Marketing Agreement (AMA) base prices and approaches to trading when using benchmarks.
“If adopted, USDA’s regulatory approach for fed cattle marketing would single-handedly dismantle decades of value-based marketing progress made by producers across the supply chain in response to consumers’ demand for high quality beef,” said Ben Weinheimer, TCFA President & CEO. “This announcement makes it evident that it is no longer just a policy discussion for seedstock and cow/calf producers, stocker operators and cattle feeders to weigh the pros and cons on whether the government should get involved in dictating how producers can market cattle. The threat to producers’ freedom to market cattle becomes obvious when a federal regulatory agency emphasizes ‘regulatory options’ and ‘proposed interventions’ to dictate fed cattle marketing practices.”
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The link below is one of our most recent podcasts- Ron spotlighting the Life and Times of Dr. Kim Anderson, who has just retired from OSU.
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Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma Wheat Commission, Oklahoma AgCredit, the Oklahoma Cattlemens Association, Invenergy Oklahoma and KIS Futures for their support of our daily Farm News Update.
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Reach Out To Us:
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Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
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Mike Henderson
Director of Sales
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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