Cattle Transparency Act Should Not Mandate Cash Purchases

February 2022 FloridAgriculture eNewsletter

American Farm Bureau Federation announced on Jan. 21 its support of the Cattle Price Discovery and Transparency Act of 2021, with the exception of the bill’s establishment of mandatory minimums for negotiated purchases. AFBF delegates voted to revise 2022 Farm Bureau policy at the 2022 Annual Convention in Atlanta in January. While Farm Bureau supports robust negotiated sales, delegates voted to oppose government mandates that force livestock processing facilities to purchase a set percentage of their live animal supply via cash bids.  

The press release by American Farm Bureau can be found at: Farm Bureau Seeks Revision to Cattle Transparency Act (fb.org) .

For additional information, contact Jaime Jerrels, Director of Ag Policy or Geoffrey Patterson, Assistant Director of Ag Policy.