Agricultural News
GIPSA Rule Coulld Mean Double Trouble for Hitch Enterprises
Fri, 27 Aug 2010 9:51:37 CDT
Hitch Enterprises in Guymon, Oklahoma has a double stake in the conversation about revamping marketing rules for livestock, as proposed by the Grain Inspection, Packers & Stockyards Administration- otherwise known as the GIPSA Rule. The Hitch family has a legacy in the Oklahoma Panhandle in the cattle feeding business- and several years ago as Seaboard made the decision to bring a pork processing plant to Guymon, they got into the farrow to finish hog business as well.
Both Jason and Chris Hitch are in Ft. Collins, Colorado for the USDA-DOJ Workshop on Competition in Livestock- and they expect a lot of the conversation will center around the GIPSARule today at the Student Center Ballroom on the campus of Colorado State University.
Jason Hitch says if the GIPSA Rule is implemented by the Obama Administration- it could cost his family's business millions of dollars. He believes that he would have to end both his current hog and cattle marketing arrangements that he has with processors. Hitch sends his finished hogs to Seaboard, while all of the cattle in their feedlots are processed by National Beef in Liberal, Kansas. Jason is especially enthused about the contract with National, saying it allows his feedlot team to concentrate on production and getting the right number of cattle ready each week for their place in the slaughter schedule.
Just prior to the opening of the Workshop on Friday morning, we had the chance to visit with Jason about his concerns with the GIPSA Rule- and what the impact might be on his family's livestock operation.
Click on the LISTEN BAR to hear our conversation with Jason Hitch- direct from the USDA-DOJ Workshop on Competition in Livestock in Ft. Collins, Colorado.
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