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


Agricultural News

Cattle Producers Supplement Congressional Hearing Records

Tue, 10 Aug 2021 08:19:09 CDT

Cattle Producers Supplement Congressional Hearing Records In the wake of unprecedented meat supply chain disruptions and obvious cattle market failures, congressional members have made numerous calls for antitrust investigations, the U.S. Department of Justice has announced several criminal indictments against officials of major meatpacking companies, and both chambers of Congress have held recent hearings.

Three congressional hearings have now been held for the purpose of assisting Congress in determining the appropriate action necessary to restore functional markets and a reliable food supply chain. The first hearing was held by the full U.S. Senate agriculture committee on June 23, and the second and third hearings were both held on July 28, one by the full U.S. Senate Committee on the Judiciary and the other by the House agriculture committee’s Subcommittee on Livestock and Foreign Agriculture.

R-CALF USA, the nation’s largest trade association that exclusively represents cattle producers, supplemented the formal records for each of the three congressional hearings with written testimonies, and has received confirmation of their inclusion into the official records.

According to the group’s CEO, Bill Bullard, the official hearing record provides evidentiary support for any future legal reforms that Congress may pass to correct the ills identified during the hearings.

He said his group wanted to ensure that Congress had strong evidence in support of the two immediate triage reforms that cattle producers are asking Congress to pass to restore competition to U.S. cattle markets and the U.S. beef market.

“First, we’re urging Congress to immediately pass the Grassley/Tester Bill (S.949) that forces packers to begin competing for available cattle by requiring them to purchase at least half their weekly cattle needs from the competitive cash market. Second, we’re asking Congress to pass a new mandatory country of origin labeling (MCOOL) law to restore competition for beef in grocery stores by empowering consumers to choose beef exclusively produced by United States cattle producers,” Bullard said.

In its testimony included in the two latest hearings, R-CALF USA created two new charts to show the profound and unprecedented disconnect between cattle prices and retail beef prices that has persisted since at least January 2015, and the profound inverse relationship between estimated upward trending packer margins and downward trending returns to cattle feeders, also evident since at least early 2015.    

“Now that the hearings are over, we’re hopeful the leadership of the Senate agriculture committee will quickly bring the Grassley/Tester Bill up for a vote and that Congress will soon introduce an MCOOL bill so we can begin the process of making both consumers and cattle producers whole again,” Bullard concluded.

Note: R-CALF USA’s testimony submitted for the record of the earlier June 23 Senate agriculture hearing is available here.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Regenerative Agriculture: Past, Present and Future  Tue, 28 Sep 2021 17:14:16 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. Tuesday, September 28, 2021  Tue, 28 Sep 2021 16:45:58 CDT
  • Tailgate Celebrates New Frontiers Donors and Progress for New Home for OSU Agriculture  Tue, 28 Sep 2021 15:24:01 CDT
  • Fort Sill Apache and USDA NRCS Work Together to Grow a Promising Tomorrow  Tue, 28 Sep 2021 14:13:21 CDT
  • Beef Cow Herd Liquidation Continues to Unfold  Tue, 28 Sep 2021 12:48:00 CDT
  • BLM Recognizes Ranchers for Exemplary Stewardship of Public Rangelands  Tue, 28 Sep 2021 12:39:37 CDT
  • Farmers Urged to Return Custom Rates Survey to OSU Extension ASAP  Tue, 28 Sep 2021 11:36:34 CDT
  • Soil Conservation Project Receives Grant From Texas Water Development Board  Tue, 28 Sep 2021 10:46:56 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.