Beef Buzz News
R-Calf's Bill Bullard Says Its All About Hanging Onto the Cash Market
Mon, 13 Sep 2010 22:06:54 CDT
Bill Bullard contends the GIPSA Rule is all about preserving the cash market for the cattle industry. We talked with him at the recent USDA-DOJ Workshop on Competition in the Livestock sector- and Bullard was very visible there- calling on USDA to implement the GIPSA Rule as a first step to stopping the takeover of the cattle business by packers in the US.
Ron Hays Beef Buzzes with Bill Bullard of R-Calf on the proposed GIPSA Rule
Bullard and the President of his organization- R-Calf USA, Dr. Max Thornsberry of Missouri wrote a letter to the cattle industry after that workshop- and here is a portion of their thoughts about the need for the GIPSA Rule:
"Do we want the cattle industry to stay its present course or do we want to break away from the packersí dominance and strike off in a new direction? The hog industry chose to stay the course and watched silently as 90 percent of all U.S. hog producers (over 600,000) exited the industry just since 1980.
"The first real opportunity to strike off in a new direction is the proposed rule issued by the Grain Inspection, Packers and Stockyards Administration (GIPSA). Those who support the status quo understand this and are doing everything possible to kill the proposed GIPSA rule. Their rallying cry is that the proposed GIPSA rule will destroy opportunities for producers to earn premiums for their high quality cattle and all cattle will sell for an average price.
"This is absurd. The proposed GIPSA rule will not do this. R-CALF USA has many members participating in value-based, branded beef programs including Certified Angus Beef and U.S. Premium Beef, and many of our producers are either feeders themselves or are involved in retained ownership programs and export-based programs. Our members recognize that while these programs presently are returning premiums over the cash price, all of these programs continue to use the fast-shrinking cash market to discover the base-price for their cattle, which accounts for about 90 percent of their animalsí total value. In other words, they understand that unless we take immediate steps to preserve competition in the cash market, everyone in the industry is harmed when the cash market becomes so thin that it discovers a less-than-competitive price. The proposed GIPSA rule will preserve what remains of our cash market and none too soon, for our cash cattle market is shrinking fast, following the very same path previously followed by the hog industry."
Today's Beef Buzz is with Bill Bullard and he tells us why he sees the need for the GIPSA Rules.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today. Just click on the Beef Buzz button found on the left hand side of any page on this website.
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Commercial Cattlemen Have a Crack at Genetic Selection Tools with New Technology in the Works Thu, 26 Apr 2018 10:17:17 CDT
Commercial Cattlemen Have a Crack at Genetic Selection Tools with New Technology in the Works Thu, 26 Apr 2018 10:16:02 CDT
Trouble Deciphering EPDs? Make It Easy on Yourself - Take Jared Decker's Advice, Use the $ Index Wed, 25 Apr 2018 11:10:59 CDT
Noble Expert Shares Secrets to Building a Successful Beef Cow Herd Tailor Made to Your Operation Tue, 24 Apr 2018 10:17:33 CDT
King Ranch Institute Working to Meet Industry's Need for Effective and Efficient Ranch Managers Fri, 20 Apr 2018 15:47:02 CDT
For the First Time in Months- Placements of Cattle Into Feedlots Are Under a Year Ago Fri, 20 Apr 2018 14:59:45 CDT
Low-Cost Production Typical of High-Profit Ranches - More Ranch Managers Who Get That Needed Thu, 19 Apr 2018 10:24:05 CDT
Cattle On Feed Placements Expected to Fall Below Year-Ago Levels for the First Time in Over a Year Wed, 18 Apr 2018 10:29:28 CDT
Beef Markets Managing to Stay Current, Unphased by Growing Supplies and Global Trade Tension Tue, 17 Apr 2018 10:20:34 CDT
More Producer Education Becoming a Priority Investment for Checkoff as Focus Turns to Millennials Mon, 16 Apr 2018 11:35:11 CDT
Conaway's Farm Bill Draft Includes Startup Funding for FMD Vaccine Bank- the Rest to Come, Maybe Fri, 13 Apr 2018 12:47:09 CDT
Despite All the Hubbub Over Trade These Days - US Beef Exports are Actually Doing Pretty Well Thu, 12 Apr 2018 12:21:01 CDT
NCBA Takes Proactive Steps in Addressing Fake Meat with Outline of Recommended Regulations Wed, 11 Apr 2018 10:11:49 CDT
Fear of the Unknown Drags Prices Down as Growing Supply Situation Compounds Producers' Worry Tue, 10 Apr 2018 10:08:36 CDT
CME's Changes to Futures Contracts Show Promising Progress in Effort to Reduce Market Volatility Mon, 09 Apr 2018 11:33:26 CDT
Commercial Cattlemen Have a Crack at Genetic Selection Tools with New Technology in the Works Fri, 06 Apr 2018 11:14:08 CDT
As US and China Hurdle Toward a Possible Trade War- NCBA Stays Vigilant, Monitoring the Situation Thu, 05 Apr 2018 10:27:38 CDT
Trouble Deciphering EPDs? Make It Easy on Yourself - Take Jared Decker's Advice, Use the $ Index Wed, 04 Apr 2018 11:41:38 CDT
Fear of the Breakdown of Negotiations, Uncertainty of Elections Linger as Trade's Importance Grows Tue, 03 Apr 2018 12:05:02 CDT
Just Because Beef Isn't on China's Short List for Tariffs - Yet - Doesn't Mean It Won't Still be Affected Mon, 02 Apr 2018 11:47:41 CDT
Retail Shopping's Evolving Online Presence Poses Many Challenges, Opportunities for Beef Industry Fri, 30 Mar 2018 11:25:46 CDT
As Worries Mount for Beef Industry Over Possible Tariff Retaliation, Doud Brings Balance to the Table Thu, 29 Mar 2018 10:27:21 CDT
Omnibus Package a Silver Bullet for Agriculture Industry's Many Problems - Fixing CERCLA, ELD, 199 Wed, 28 Mar 2018 10:23:16 CDT
CattleFax CEO Randy Blach Paints His Picture of the Beef Industry from the 10,000 ft. View Tue, 27 Mar 2018 10:09:13 CDT
Placements Land on High End of Estimates in Latest On Feed Report- Cash Markets Brace for Impact Mon, 26 Mar 2018 11:55:44 CDT
Cattle Market Under Pressure as Spring Season Kicks-Off with Growing Supply Situation and Drought Fri, 23 Mar 2018 10:39:04 CDT
LMIC's Jim Robb Says USDA's Next Cattle on Feed Report Has Potential to Surprise the Marketplace Thu, 22 Mar 2018 11:06:27 CDT
Domestic Retail Sales Up, Export Markets Look Promising - Good News on All Fronts for Beef Sector Wed, 21 Mar 2018 10:17:30 CDT
NCBA Asks for Major Funding to Expand Vaccine Bank, Small Price to Pay Given Potential Damage Tue, 20 Mar 2018 10:33:35 CDT
Industry Pulls Together to Define Antimicrobial Stewardship, Ensure Essential Drugs Remain Available Mon, 19 Mar 2018 11:12:55 CDT
BQA Educator of the Year Ron Gill Says Program Keeps Industry Producers Ahead of the Curve Fri, 16 Mar 2018 09:58:15 CDT
Drought puts Ranchers in Tricky Situation Managing Feed this Spring - Derrell Peel Offers His Advice Thu, 15 Mar 2018 10:46:53 CDT
Livestock Haulers Spared Another 90 Days from ELD Mandate, NCBA Looking for a Permanent Fix Wed, 14 Mar 2018 11:13:04 CDT
Champion Angus Shown by Rayli Cunningham, Laverne FFA Named OYE's Supreme Purebred Heifer Tue, 13 Mar 2018 10:15:29 CDT
South Dakota Sen. Mike Rounds in Ranchers' Corner Working Hard to Secure CERCLA Exemption Mon, 12 Mar 2018 11:42:09 CDT