Congressman Frank Lucas Believes PRICE Act Addresses Weak Spots in Cattle Marketing HIghlighted by COVID PandemicThu, 29 Oct 2020 11:04:58 CDT
Oklahoma Congressman Frank Lucas has been one of the key lawmakers working on legislation that help cattle producers get back onto their feet after the two black swan events they have had to navigate in the last year and a half. Lucas, along with Congressman Dusty Johnson and several other bipartisan cosponsors, introduced the Price Reform in Cattle Economics (PRICE) Act which was designed to address several areas of critical importance for cattle producers across the United States. Included in the bill are existing legislative proposals to open new markets for state-inspected beef products, such as the Direct Interstate Retail Exemption for Certain Transactions (DIRECT) Act, and new provisions to aid producer-owned beef processing facilities and increase transparency in fed cattle transactions.
Congressman Lucas talked with Radio Oklahoma Ag Network Farm Director Ron Hays from his farm in Roger Mills County in far western Oklahoma on Wednesday about the nuts and bolts of the PRICE Act- and covered a host of other issues as well just ahead of Election day. You can hear the conversation about the PRICE act between Hays and Lucas by clicking on the LISTEN BAR at the bottom of this story.
The former Chairman of the House Ag Committee believes that the various elements of the PRICE Act can help cattle producers improve their chances of survival in the days ahead- if the measure can gain the traction needed to be passed by Congress and signed into law.
Hays asked Lucas if there is a chance that the PRICE ACT might be considered in some form or fashion during the upcoming lame duck session of this current Congress- and he said it is possible. One vehicle that might offer an opportunity to advance the measure is a Coronavirus stimulus bill, which has stalled out ahead of the elections.
Congressman Johnson has a breakdown of the provisions that make up the PRICE act- that breakdown is available here.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News