Agricultural News
Ross Wilson of TCFA Hopes USDA Will Pull Current GIPSA Rule and Rework Concept to Benefit All Beef Cattle Producers
Mon, 30 Aug 2010 9:45:41 CDT
The supporters of the proposal to revamp marketing rules that was released back in June by the Grain Inspection Packers and Stockyards Administration (GIPSA) showed a lot of energy and enthusiasm for their position this past Friday in Ft. Collins. Those that oppose the GIPSA Rule believe that the rule should be pulled and reworked by the Obama Administation. However, that will not be easy to accomplish, so admits Ross Wilson, CEO of the Texas Cattle Feeders Association. He says that most of his feedlot members oppose the GIPSA Rule as currently proposed, believing it could be detrimental to private contracts that cattle producers might be able to establish with processors.
Wilson says that the GIPSA Rule raises some valid questions about the thinness of the cash market for the beef industry- and that a lot of thought needs to be invested into how to move from the cash market in the next few years over to a standard that will better reflect where packers have a vested effort get maximum valid for the good of their bottom line.
We talked with Wilson about the overall mood of the Workshop held on the campus of Colorado State University- and where the industry goes in the next few months to encourage a significant reworking of the GIPSA rule that is of benefit to all segments of the cattle industry- from cow-calf to stocker to feedlot.
Click on the LISTEN BAR below to hear that conversation with Ross Wilson of TCFA.
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