Farm Bureau Urges Senate to Address Volatility in Cattle Markets – June 22, 2021
American Farm Bureau Federation President Zippy Duvall commented On June 22 on the scheduled U.S. Senate Agriculture Committee hearing on price volatility in cattle markets.
“American Farm Bureau appreciates the Senate Agriculture Committee’s efforts to get to the bottom of the deeply concerning price disparities facing America’s ranchers. Grocery store meat prices continue to rise while payments to ranchers remain rock bottom.
“It’s time for Congress and the administration to get serious about determining what’s driving the imbalance. We urge lawmakers to reauthorize Livestock Mandatory Reporting, create a beef contract library, and publicize the results of the Department of Justice investigation into livestock markets to ensure farmers are paid fairly as they work to put food on the table for families across the country.”
Watch the “Examining Markets, Transparency, and Prices from Cattle Producer to Consumer” hearing Wednesday, June 23, at 2:30 p.m. EDT.