Lawmakers have reintroduced the A-PLUS Act in Washington DC. It would allow auction market owners to maintain interest in small packing entities, which in turn would alleviate bottlenecks in the beef supply chain.
Chelsea Good with the Livestock Marketing Association spoke with RFD-TV’s own Suzanne Alexander on the legislation’s background, its positive impact, and the next steps.
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Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
Approximately 42,000 birds were affected in the outbreak, officials said.
Beef demand could be influencing other economic sectors, as consumers adjust spending habits to prioritize higher-priced beef products.
AFBF Economist Bearnt Nelson joins us with insights into current turkey flock sizes, HPAI concerns, and production impacts on holiday demand.
Dr. Beetham outlined the background of the EU’s decision to modernize seed regulations and where the process stands today, and its impact on global agriculture and food security.
“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”