NCBA: Opposition to Government Mandate Amplified Through Senate Hearing

Senate Agriculture Committee members heard from the beef industry Tuesday regarding the Cattle Price Discovery and Transparency Act. The hearing, proceeded by months of debate over the need for increased transparency in cattle marketing, highlighted the vehement opposition to government mandates by a majority of U.S. cattle producers. Ethan Lane, National Cattlemen’s Beef Association Vice President of Government Affairs, says, “What is being proposed right now concentrates on what works for one region, it simply doesn’t work for the rest of the country.” NCBA opposes a government mandate as it could potentially result in fewer marketing opportunities and less incentive for producers to invest in genetics and innovative production techniques that lead to higher-quality beef. NCBA “stands committed to turning the focus to solutions with broad industry support,” such as a cattle contract library, 14-day delivery, expedited carcass weight reporting, daily formula base price reporting, and incentives for expanding regional processing capacity.

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