Statement by Mark McHargue, President, Regarding National Agriculture Organizations’ Meeting on Cattle Markets
LINCOLN, NEB. – “Nebraska Farm Bureau was very pleased to see this important industry meeting take place last week to discuss the ongoing challenges facing America’s cattle producers. We are encouraged the reform principals discussed aligned with recommendations developed by the Nebraska Farm Bureau Cattle Markets Task Force which was established last year, many of which became American Farm Bureau policy. Industry alignment on these important topics again highlights the need to pass U.S. Sen. Deb Fischer’s Cattle Market Transparency Act which will provide needed reform within the cattle industry. Given recent market conditions, now is the time to pass Sen. Fischer’s bill that provides more price discovery and transparency to arguably one of the most complex commodity markets in the world.”
Note:
Member leaders of the American Farm Bureau Federation (AFBF), National Cattlemen’s Beef Association, National Farmers Union, R-CALF USA, and the United States Cattlemen’s Association met in Phoenix, Arizona May 10 at the request of the Livestock Marketing Association. The purpose of the meeting was to discuss challenges involved in the marketing of finished cattle with the ultimate goal of bringing about a more financially sustainable situation for cattle feeders and cow-calf producers. The group’s joint news release is available here.
The Nebraska Farm Bureau is a grassroots, state-wide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service, and advocacy efforts. More than 58,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit www.nefb.org.