In this file:
· Grassley questions intent of National Cattlemen’s Beef Association over 50/14 bill
· Sen. Grassley says that he will work with NCBA on cattle market bill
Grassley questions intent of National Cattlemen’s Beef Association over 50/14 bill
By Mark Dorenkamp, Brownfield
March 31, 2021
U.S. Senator Chuck Grassley is questioning the motivation behind the National Cattlemen Beef Association’s opposition to his 50/14 cattle market transparency bill.
The legislation, cosponsored by Jon Tester of Montana, would require a minimum of 50 percent of meat packers’ weekly volume to be purchased on the open or spot market and require it to be delivered within 14 days.
The Iowa Republican tells Brownfield his bill is based on feedback from the Iowa Cattlemen’s Association.
“I’d like to know why the National Cattlemen’s Association, or whatever their name is, why they don’t want (what) the independent producers want, which would be 50 percent. What’s wrong with that?”
NCBA’s Ethan Lane told Brownfield last week discussions on how to return leverage to the producer segment of the supply chain and ensure price discovery has evolved beyond Grassley’s bill.
Grassley says he wants to make sure NCBA is representing the views of the family farmer, not meatpackers...
more, including audio [17:23 min.]
Sen. Grassley says that he will work with NCBA on cattle market bill
March 31st 2021
Bipartisan legislation was introduced in the Senate requiring a minimum 50 percent of a meat packer's weekly volume to be purchased on the open or spot market.
However, NCBA says that the bill is not the solution the industry needs.
This morning Sen. Grassley stated that he is willing to work with the organization to tweak the bill, but he wants to make sure they are supporting independent packers.
"In other words, I want to make sure that this national group is not representing the views of the meatpackers to a greater extent, and not worried about the family farmer," the Senator stated...
more, including video report [1:17 min.]