Continuing Coverage: Cattle Market Dynamics and Packer Investigation

An unprecedented meeting held in May among major cattle industry representatives, typically at odds, has produced plans for change and calls for answers from U.S. lawmakers. Keep up with the latest on this page.

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An unprecedented meeting held in May among major cattle industry representatives, typically at odds, has produced plans for change and calls for answers from U.S. lawmakers. Keep up with the latest on this page.

NCBA Statement on GIPSA Announcement

June 11, 2021

NCBA issued a statement in response to USDA’s announcement that they are beginning the process of initiating three separate rulemakings to support enforcement of the Packers and Stockyards Act.

USCA Applauds Bill to Establish Office of the Special Investigator for Competition Matters

June 11, 2021

Senators Tester (D-MT), Grassley (R-IA), and Rounds (R-SD) have introduced legislation that would amend the Packers and Stockyards Act to establish the Office of the Special Investigator for Competition Matters.

USDA To Strengthen Enforcement of Packers & Stockyards Act

June 11, 2021

USDA will begin work on three proposed rules to support enforcement of the Packers and Stockyards Act, a 100-year-old law designed to protect producers from unfair, and anti-competitive practices in meat markets.

NCBA Takes Action to Increase Producer Profitability Through USDA -Verified Labels

June 10, 2021

The NCBA has filed a petition with the USDA-FSIS to eliminate the use of “Product of the USA” and other broad U.S. origin labeling claims for beef products that are potentially misleading to consumers.

Additional Cattle Markets Legislation Introduced in U.S. House

June 9, 2021

Missouri Congresswoman Vicky Hartzler introduced the Optimizing the Cattle Market Act of 2021 in the U.S. House. If enacted, the bill would direct USDA to build a cattle formula contracts library.

NCBA Echoes Growing Demands for DOJ Investigation Results

June 9, 2021

Lawmakers continue calling on the Department of Justice to complete their investigation into the meatpacking sector, and whether or not anticompetitive practices have contributed to an imbalance in the cattle markets.

NCBA Pushes Congress to Address Cattle Industry Concerns

June 2, 2021

NCBA led a letter with the support of 37 affiliate state cattle organizations, urging the leadership of the Senate and House Agriculture Committees to address critical areas of concern in the cattle and beef industry.

Senators Promise Hearing On Cattle Markets

May 28, 2021

The disparity in cattle markets was a lead topic of discussion during Senate Agriculture Committee’s nomination hearing for USDA’s general counsel, with Senators promising to soon hold a hearing on livestock markets.

Cattle Groups Say Historic Meeting to Fight Market Monopoly is Just the Start

May 25, 2021

Calls for change came to a head this month, as cattle groups held an industry-wide meeting made history. And the groups say the first meeting is just the start.

Sen. Rounds Pushes DOJ On Packer Probe

May 21, 2021

The growing disparity between wholesale beef prices and live cattle prices is hurting both consumers and cattlemen, says Senator Mike Rounds, who asked members of Congress to sign a letter to the Department of Justice.

Meat Packers Respond to Cattle Industry’s Call for Change, Further Investigation

May 21, 2021

The cattle industry’s unprecedented meeting was centered around meat packing margins and claims of market monopoly. The meeting among the six groups is now drawing a response from the meat packing industry.

Senator Rounds Joins AgriTalk to Discuss the Cattle Industry

May 20, 2021

As Cattle Groups Making Unprecedented Move to Fight Market Monopoly, U.S. Lawmakers Also Push DOJ for Answers

May 19, 2021

An unprecedented meeting held early this month among major cattle industry representatives has now produced plans for change. It’s happening while a group of U.S. lawmakers are also asking the DOJ for answers.

Larry Schnell and Justin Tupper Talk About the Cattle Industry’s Meeting

May 18, 2021

Bicameral Push for Swift Conclusion to DOJ Investigation

May 17, 2021

Sen. John Thune and Rep. Dusty Johnson led a bicameral letter to U.S. Attorney General Merrick Garland, urging the DOJ to move forward with its investigation into anticompetitive practices in the meatpacking industry.

Joint Statement of Livestock Organizations Regarding Market Concerns

May 17, 2021

Livestock groups discuss challenges involved in the marketing of finished cattle with the ultimate goal of bringing about a more financially sustainable situation for cattle feeders and cow-calf producers.

Cattle Industry Groups Hold Closed-Door Meeting to Discuss Price Imbalances

May 13, 2021

The more than $900 margin between producers and packers has the largest industry representatives, that are typically at odds, working together.

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