Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
    
   
   
   
   
   
   
   

Agricultural News


NPPC Says ‘GIPSA’ Rule, TPP Could Affect Producers

Tue, 24 May 2016 18:28:03 CDT

NPPC Says ‘GIPSA’ Rule, TPP Could Affect Producers Although the U.S. pork industry is in good economic shape, pork producers’ future fortunes can be affected – for good or for ill – by opportunities and challenges with which they are presented, the National Pork Producers Council today told members of the House Committee on Agriculture’s livestock subcommittee, which was continuing a series of hearings on the rural economy.



A challenge of particular concern to the pork industry is proposed rules from the U.S. Department of Agriculture related to the buying and selling of livestock, said NPPC board member David Herring, a pork producer from North Carolina who testified before the Subcommittee on Livestock and Foreign Agriculture.



USDA is reproposing parts of the so-called GIPSA (Grain Inspection, Packers and Stockyards Administration) Rule, which first was proposed in 2010 to implement provisions included in the 2008 Farm Bill. The regulations, however, went well beyond the Farm Bill provisions and would have had a significant negative effect on the livestock industry, according to analyses. A November 2010 Informa Economics study of the rule found it would have cost the pork industry more than $330 million annually.



Tens of thousands of comments, including 16,000 from pork producers, were filed in opposition to the rule, and Congress several times included riders in USDA’s annual funding bill to prevent it from finalizing the regulation. But no rider was included in USDA’s fiscal 2016 bill.



“We have grave concerns will mirror the 2010 proposal,” Herring told the livestock panel. “If it does, the livestock industry will be fundamentally and negatively changed.”



Another potential challenge, said Herring, is an outbreak in the United States of Foot and Mouth Disease (FMD), which, if it occurred, would immediately stop U.S. meat exports. He called on Congress to appropriate funds to set up an FMD vaccine bank to deal with an outbreak.



Herring also reiterated NPPC’s support for the Trans-Pacific Partnership, telling the subcommittee the benefits of TPP will exceed all past free trade agreements and represents a great opportunity for U.S. pork producers and for the entire U.S. economy.



The TPP, negotiations on which were initiated in late 2008 and concluded last October, is a regional trade deal that includes the United States, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, which account for nearly 40 percent of global GDP. The countries combined have more than 800 million consumers.



“Because other Asia-Pacific trade agreements are being negotiated without the U.S.,” Herring testified, “the United States can’t afford either economically or geopolitically to walk away from the fastest growing region in the world. Congress must pass the TPP, and it must do so soon.”


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Superior Livestock Auction Recaps their January 23rd Video Auction Along with their Top Selling Lots  Sat, 25 Jan 2020 11:28:19 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, January 24, 2020  Sat, 25 Jan 2020 11:23:33 CST
  • Friday, January 24, 2020 Market Wrap-Up with Justin Lewis  Fri, 24 Jan 2020 15:03:25 CST
  • NRCS Reminds Producers of Advance Payment Option  Fri, 24 Jan 2020 12:52:22 CST
  • Oklahoma Cattlemen's Association is Thankful for the Clarity of the New Water Rule  Fri, 24 Jan 2020 12:33:25 CST
  • Annual Cotton Seed Meeting Tuesday, Feb 4, 2020  Fri, 24 Jan 2020 11:34:24 CST
  • Cotton Economist, Dr. John Robinson talks Uncertainties for this years Crop  Fri, 24 Jan 2020 11:23:52 CST
  • More Widespread Support for EPA and Army's Navigable Waters Protection Rule - A New Definition of WOTUS  Fri, 24 Jan 2020 12:44:22 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma City Farm Show KIS FUTURES, INC. Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.