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By MINLU ZHANG in New York | CHINA DAILY | Updated: 2021-03-06 08:10 Share CLOSE A sign promoting McDonald s PLT burger with a Beyond Meat plant-based patty is seen at a test restaurant in North America in October, 2019. [Photo/Agencies]
Consumers in the United States have increasingly turned to plant-based meat substitutes since the pandemic, and now some of the biggest fast-food chains in the country like McDonald s will be selling those goods as well.
The popular plant-based alternative meat company Beyond Meat signed a new partnership with McDonald s last week, a vital step in the growing shift to take meat alternatives into the dining mainstream in the country.
U.S. Cattle Producers Rally Around the Cattle Market Transparency Act of 2021
Thursday Mar 4th, 2021 U.S. Senators Deb Fischer (R-NE) and Ron Wyden (D-OR) have introduced the Cattle Market Transparency Act of 2021. The legislation seeks to accomplish two main goals: ensuring regionally sufficient negotiated cash trade, and equipping producers with more information to aid marketing decisions.
Other cosponsors of the bill include Senators Cindy Hyde-Smith (R-MS) and Mike Braun (R-IN).
United States Cattlemen’s Association (USCA) President Brooke Miller issued the following statement:
“USCA applauds Senators Fischer and Wyden for bringing forth a dynamic piece of legislation for a dynamic industry. The current conversations on increasing transparency and price discovery in the cattle marketplace began at the 2020 Winter Thaw in Billings, Montana, where USCA brought together industry leaders to brainstorm solutions to a thinning cash market. Those solutions are incorp
After the Holcomb fire and fallout from the COVID pandemic, cattle producers went looking for answers on improving market transparency. In an ongoing effort to provide a legislative response, Sen. Deb Fischer, R-Neb., joined with Sen. Ron Wyden, D-Ore., to offer the Cattle Market Transparency Act of 2021 to ensure robust regionally negotiated cash trade and provide producers with more pricing information.
The bill builds off the recommendations provided by USDA in its Boxed Beef and Fed Cattle Price Spread Investigation Report and discussions producers across the U.S. are having in response to historically low cattle prices and a dysfunctional marketplace. In response to the introduction, the bill was welcomed by industry players including the U.S. Cattlemen’s Association and the American Farm Bureau Federation, but each group left the door open for the need for additional discussion on the hotly debated topic that has varied by region and producer type.
Senate bill would require cash sales of some cattle
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