The Senate Agriculture Committee approved bills Wednesday authorizing USDA to mandate minimum levels of cash trading in cattle and establish a special investigator’s office in USDA to probe allegations of unfair marketing practices.
Members of the Senate Agriculture Committee queried a long list of witnesses Tuesday to determine whether or not a pair of bills before the panel would advance competition concerns for the nation’s beef producers.
Farm groups are asking the Environmental Protection Agency and Army Corps of Engineers to stop working on a "foundational rule" to define "waters of the U.S" because the Supreme Court has decided to take up the issue.
Members of the National Cattlemen’s Beef Association voted Wednesday to specifically state their opposition to cash trade mandates, adding clarity to an explicit part of a bill being pushed by a bipartisan group of senators on Capitol Hill.
JBS has agreed to settle claims it conspired to limit supply in the beef market in order to drive up prices, which could spur other settlements in the lawsuit also brought against Tyson, Cargill and National Beef.
The American Farm Bureau Federation has released its new position on a piece of legislation to reform the cattle markets, saying it supports the majority of the legislation but cannot back its effort to mandate cash trade requirements in the beef industry.