Risk of a government shutdown not only threatens market data availability, but could endanger an important risk management tool to protect hog farmers.
The Cattle Contract Library pilot program is live with reporting from packers. Packers are required to submit active contract and volume information to USDA’s Agricultural Marketing Service while still maintaining confidentiality. In order to ensure.
Highlighting some policy successes for NCBA in 2021, the group continues to talk with the Biden administration on packing capacity and expects USDA will soon be making some funding announcements for new regional packing plants. USDA announced in July it had $500 million ready to help expand and diversify processing for beef, pork and poultry.
WASHINGTON, D.C. – On Wednesday, the U.S. House passed four bills, previously approved by the House Ag Committee, including overwhelming support for an extension of the Livestock Mandatory (Price) Reporting Act and the creation of a library of cattle contracts. The House voted 418-9 to advance H.R. 5290, introduced by House Agriculture Committee Chairman David […]