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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Beef is leading the decline as slaughter drops and supplies tighten.
Chad Fiechter joins us to discuss Purdue’s precision ag study, challenges in capturing value from technology, and what farmers should consider when investing in and adopting these tools.
The trip is giving them a firsthand look at farming beyond the U.S.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.