Agricultural News
NCBA Says Extended Comment Period on GIPSA Would Benefit All
Wed, 21 Jul 2010 17:45:08 CDT
After the Livestock Subcommittee's Hearing on the Farm Bill and the Grain Inspection, Packers and Stockyards Act - the National Cattlemen's Beef Association is glad to see Congress bringing attention to the serious issue - according to NCBA Vice President of Government Affairs Colin Woodall. Woodall says while USDA officials stressed it's only a proposed rule and the industry will be able to provide comments - they have yet to answer requests to extend the comment period. He states everyone would benefit from additional time to analyze and provide feedback on the complex rule no matter where they stand on the issue.
According to Woodall - marketing agreements have been the foundation for producer financing and producer profitability for more than 60-percent of beef marketed - and without them - all cattle could be valued on the average resulting in a generic market and product. He states history has proven generic products don't meet consumer demand and without that demand - prices to producers fall. Woodall says the rule poses serious privacy concerns and provides no guarantee producers' private information wouldn't be exposed to the public and competitors. It also places producers in jeopardy of litigation by their competitors or the government - Woodall says - and NCBA doesn't support litigation as a means of securing producer profitability.
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