Cattle Price Discovery and Transparency Act

A bipartisan group of senators, including Ron Wyden, reintroduced the Cattle Price Discovery and Transparency Act of 2023.  In addition to Oregon's senior senator, Montana’s Jon Tester, and Republicans Chuck Grassley and Deb Fischer rolled out the legislation.  The lawmakers...

The Senate’s $1.7 trillion spending bill to finish this fiscal year boosts agricultural research, rural development, and nutrition, but doesn’t include long-fought cattle market reforms.  The more than 4,000-page bill leaves out controversial legislation sought by Senator Chuck Grassley to force some cattle price negotiating by major packers, known as the Cattle Price Discovery and Transparency Ac

The National Cattlemen’s Beef Association said it’s not ready to back a cattle competition bill by House Ag Chair David Scott but adds the legislation is a much better starting point than the alternative.  While the NCBA opposes Senator Chuck Grassley’s Cattle Price Discovery and Transparency Act, Tanner Beymer said they aren’t ready either to back Scott’s Small Family Farmer and Rancher Relief Ac

The National Cattlemen’s Beef Association opposition to the Cattle Price Discovery and Transparency Act hinges on government involvement in the cattle market.  Although there are several parts of the bill that the NCBA approves of, Vice President of Government Affairs Ethan Lane said they do not welcome the idea of the federal government becoming involved with a cattle price mandate. “Our c... Rea

On Wednesday, the Senate Ag Committee passed the Cattle Price Discovery Act, which prepares the legislation for a full Senate vote.  Todd Nash, President of the Oregon Cattlemen’s Association said they recognize there is a problem in the industry, but he’s not sure if this legislation is the right fix.  He agreed that...

Earlier this week, several senators introduced an updated version of the Cattle Price Discovery and Transparency Act. Senators Ron Wyden of Oregon, Jon Tester of Montana, Deb Fischer of Nebraska and Iowa’s Chuck Grassley unveiled the update to the legislation first introduced in November. The ...

The National Cattlemen’s Beef Association is upset with a court settlement reached by JBS as part of a class-action lawsuit against the four biggest meatpackers in the U.S. DTN said the court case and the $52.5 million settlement involves price-fixing and the four meatpackers constraining the fed cattle supply. The ...

A new report claims negotiated trade mandates don't provide price discovery and market transparency as part of an analysis of the Cattle Price Discovery and Transparency Act of 2021. Republicans on the Senate Agriculture Committee requested the analysis from the Texas A&M Agriculture and Food Policy Center. T ...

The Cattle Price Discovery and Transparency Act introduced last week looks to provide what supporters of the legislation call fairness in cattle markets. Farm Bureau Congressional Relations Director Scott Bennett said the legislation, a compromise of bills by Senator Chuck Grassley of Iowa and Senator Deb Fischer of Nebraska, has potential ...

Oregon's Ron Wyden and Montana's Jon Tester announced this week they are working with Republican Senators Chuck Grassley of Iowa and Deb Fischer of Nebraska rolling out the Cattle Price Discovery and Transparency Act. The compromise cattle market bill is part of the effort to "to return fairness to the cattle marketplace dominated by four major meatpackers" ...