Ag Groups Request Livestock Hearing by Senate Committee
WASHINGTON, DC – On Wednesday, the United States Cattlemen’s Association (USCA), National Farmers Union (NFU), and eleven other organizations sent a letter to the Senate Agriculture Committee requesting a hearing on livestock mandatory price reporting reauthorization.
The Livestock Mandatory Reporting rule, established in 1999, mandates price reporting for cattle, boxed beef, swine, and lamb. It is reauthorized every five years, with the current program expiring on September 30, 2020.
USCA and others urge the Senate Agriculture Committee to examine all available solutions to the current market factors depressing livestock prices and the increasing consolidation facing the U.S. cattle industry.
(SOURCE: United States Cattlemen’s Association)