NCBA opposes cattle market bill proposed by Sens. Grassley and Tester


The National Cattlemen’s Beef Association said it does not agree with a bill proposed in the U.S. Senate that would require a minimum of 50 percent of a meat packer’s weekly volume of beef slaughter be purchased on the spot market.

“Currently, cattle producers utilize a multitude of methods to market their livestock, including the cash market. Increased price discovery will benefit all segments of the cattle industry — that is why NCBA has been closely working with key stakeholders, industry experts, and our partners in academia to develop tangible means to meet that end,” NCBA Policy Division Chair and South Dakota rancher Todd Wilkinson said in a statement. “Any solution must not restrict an individual producer’s freedom to pursue marketing avenues that they determine best suit their business’ unique needs. Government mandates, like that being proposed by Senator Grassley, would arbitrarily force many cattle producers to change the way they do business. We will continue to work toward a more equitable solution and invite Senator Grassley, and other lawmakers interested in this conversation, to join us in the search for an industry-led solution based in free market principles.”

The bill has bipartisan support and was introduced by Sen. Chuck Grassley (R-Iowa) and Jon Tester (D-Mont.). Grassley said the bill would increase price transparency.

The bill has support from the U.S. Cattlemen’s Association and the Iowa Cattlemen’s Association.