In this file:
· Grassley calls for hearing on cattle pricing issues
· Grassley: Hold hearing on livestock bill, muzzle Navarro
Grassley calls for hearing on cattle pricing issues
By Ken Anderson, Brownfield
June 23, 2020
Iowa Senator Chuck Grassley wants the Senate Agriculture Committee to hold a hearing on concerns about beef packers and cattle pricing.
“Because these farmers are hurting and we’ve just got to get it moving,” Grassley says. “This stuff is not the marketplace working.”
Grassley says he is also trying to garner more support for his bill mandating that 50 percent of fed cattle purchases be done through negotiated cash trade. But Grassley says one key member of the committee—Chairman Pat Roberts of Kansas—does not support it.
“And I don’t understand—they’ve got to have a big cattle operation in Kansas–I don’t know why he would be against 50 percent of a daily kill to be negotiated, as opposed to about 20 percent.”
more, including audio [6:52 min.]
Grassley: Hold hearing on livestock bill, muzzle Navarro
The Hagstrom Report
via Tri-State Livestock News (SD) - Jun 23, 2020
Senate Finance Committee Chairman Chuck Grassley, R-Iowa, today called on Senate Agriculture Committee Chairman Pat Roberts, R-Kan., to hold a hearing on the bill that he and Sen. Jon Tester, D-Mont., have introduced to force changes in cattle pricing, and also said President Donald Trump should muzzle White House aide Peter Navarro, whose comments have caused chaos in the financial markets.
“The concern I hear from Iowa farmers the last couple months is that the coronavirus has put them on the edge of bankruptcy,” Grassley told rural reporters in his weekly call today. “Beef producers are having trouble getting a bid on their cattle,” he added.
Grassley said his bill, which would require that a minimum of 50% of a meat packer’s weekly volume of beef slaughter be purchased on the open or spot market, should have a hearing and either be passed out of committee on its own or be added to a bill to reauthorize mandatory livestock price reporting.
But Grassley added that Roberts opposes his bill. Grassley said he believes there is a majority on the committee who would vote in favor of his bill, but that he fears there will be efforts to reauthorize mandatory livestock price reporting through an omnibus bill so there will be opportunity to add his bill as an amendment.
“I am looking for every opportunity to get this done. These farmers are hurting,” Grassley said. “There is no reason this should be controversial at all. We’ve just got to get it moving.
“The opposition is from the big packers,” he added.
A spokesperson for Roberts did not respond to a request for comment.
Grassley also said that Trump “ought to...