prices

USDA Proposes New Requirements for the “Product of USA” Label

Dan Beef, Cattle, Marketing, National Cattlemen’s Beef Association (NCBA), This Land of Ours

There could be some new requirements for the product of the USA label. That’s coming up on This Land of Ours. The Department of Agriculture (USDA) this week released a proposed rule with new regulatory requirements for the voluntary “Product of USA” label claim. The proposed rule allows the voluntary “Product of USA” or “Made in the USA” label claim …

conservation

Groups Condemn Meat and Poultry Special Investigator Act

Dan Cattle

The National Cattlemen’s Beef Association Wednesday condemned the Meat and Poultry Special Investigator Act of 2022, approved by the House Agriculture Committee. NCBA Vice President of Government Affairs Ethan Lane says the legislation was rushed through the legislative process “without consideration of the confusing bureaucratic mess it would create.” The special investigator bill would create a new position in the …

senators

Legislation Introduced to Provide Pricing Leverage for Cattle Producers

Dan Cattle, Economy, Marketing

Wednesday, Ranking Member of the Livestock & Foreign Agriculture Subcommittee Dusty Johnson (R-S.D) and Representative Henry Cuellar (D-TX-28) introduced the bipartisan Cattle Contract Library Act of 2021 (H.R. 5609), which would create a library for cattle contracts within the USDA’s Agriculture Marketing Service. Currently, USDA maintains a pork contract library, and following significant volatility in the cattle market and the release of the …

food

Farmers Earn 12 Cents of Thanksgiving Food Dollar

Dan Economy, Field Crops, Fruits, Pork, Poultry, Vegetables

(NAFB) — For every dollar Americans spend on Thanksgiving dinner this year, farmers and ranchers will earn about 11.9 cents. The National Farmers Union says that marks a slight drop from 2019 when farmers claimed 12.5 cents of the Thanksgiving food dollar. Though farmers’ smaller share of food expenditures could be blamed on dropping commodity prices in previous years, it’s …

farmers

Tax Reform Proposals Jeopardize Essential Farm Program Funding

Dan Industry News Release

Lawmakers in Congress are considering major changes to the nation’s tax system after a pair of tax reform bills were introduced in both the U.S. Senate and the U.S. House of Representatives. While the jury is still out on how the plans would impact farmers’ and ranchers’ effective tax rates, new analysis shows that the plans, if passed into law, …

concentration

NFU on USDA Farmer Fair Practices Rule Decision

Dan Beef, Industry News Release, Livestock

Earlier this week, the Department of Agriculture announced it would be terminating the Farmer Fair Practices Rule on Competitive Injury. A rule that, according to the National Farmers Unions, would have provided the most basic of protections to American family farmers and ranchers as they endure increasingly concentrated markets and unfair treatment from multinational meatpackers. NFU President Roger Johnson says …

farmers union

Farmers Union Relieved by Failed ACA Repeal Vote

Dan Industry News Release

The National Farmers Union released a statement Friday announcing “relief” by the failed Senate vote on a so-called skinny repeal of parts of the Affordable Care Act. NFU says the bill would have risked access to health care for 16 million people and marketplace stability. Farmers Union President Roger Johnson says rural residents, including farmers and ranchers, need and desire …

monsanto

Antitrust Institute, NFU, Say Monsanto-Bayer Merger Puts Farmers at Risk

Dan Industry News Release

The American Antitrust Institute (AAI), Food & Water Watch (FWW), and National Farmers Union (NFU) sent a joint letter to the U.S. Department of Justice (DOJ) on the proposed merger between agricultural input giants Bayer AG and Monsanto Co. The three groups offered their in-depth analysis of how the proposed deal would likely harm competition, farmers, and consumers. The letter notes that …