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
Is "Better Than" the Right Way to Market Certain Attributes of Beef? Probably Not Says John Butler Fri, 27 Feb 2015 06:17:30 CST
West Coast Port Labor Agreement Welcomed by Asian Meat Buyers Wed, 25 Feb 2015 15:00:45 CST
Don Close Says Decline in Pastureland Could Be Weak Link of Herd Expansion Wed, 25 Feb 2015 05:50:09 CST
Close Says Decline in Pastureland, Weak Link of Herd Expansion Tue, 24 Feb 2015 12:04:08 CST
Beef Buzz- Tom Leffler Reviews Cattle on Feed Numbers from February 2015 Report Mon, 23 Feb 2015 06:27:16 CST
Good Time To Reclaim Pastures from Eastern Redcedar Trees Thu, 19 Feb 2015 14:38:12 CST
Peel Says Herd Expansion Requires a Big Picture View Wed, 18 Feb 2015 12:52:46 CST
Peel Says U.S. Was At Critical Point with Shrinking National Cowherd Tue, 17 Feb 2015 12:38:10 CST
Peel Says Cattle Producers Making Tough Choices with Great Prices Mon, 16 Feb 2015 14:24:31 CST
Blach Outlines Profitability Outlook for 2015 Fri, 13 Feb 2015 13:03:41 CST
Blach Says U.S. Beef Gaining Global Following, Provides Promising Future Thu, 12 Feb 2015 16:36:34 CST
Blach Looks at Profitable, But Volatile 2015 for Cattle Producers Wed, 11 Feb 2015 12:39:23 CST
CattleFax CEO Says 2014 "Perfect Storm" for Cattle Producers Tue, 10 Feb 2015 12:16:58 CST
NCBA Board Approves Memorandum of Understanding Mon, 09 Feb 2015 12:31:46 CST
2014 - Banner Year for U.S. Beef Exports Fri, 06 Feb 2015 17:05:07 CST
Producing 'Enough' Beef for Growing World Population Thu, 05 Feb 2015 12:36:44 CST
Top Priority as Cattle Producers Gather in San Antonio- Stop EPA and WOTUS Wed, 04 Feb 2015 05:31:40 CST
Beef Checkoff and Government Regulations Headline Cattle Industry Convention Tue, 03 Feb 2015 11:26:49 CST
Bigger Beef Cow Herd, Fastest Growth in Southern Plains Mon, 02 Feb 2015 15:46:20 CST
Chairman Frank Lucas Led Fight for Permanent Livestock Disaster Help- Sign Up Deadline is Today Fri, 30 Jan 2015 04:58:01 CST
Peel Analyzes the Break Down in the Cattle Market Thu, 29 Jan 2015 12:32:27 CST
NFU Stands Behind COOL, WTO Ruling a Mistake Wed, 28 Jan 2015 12:34:50 CST
Protecting Your Cowherd from Devastating Diseases Tue, 27 Jan 2015 17:36:58 CST
Beef Checkoff MOU Being Presented to Members Mon, 26 Jan 2015 12:27:45 CST
Beef Checkoff Working Group Outlines Agreed-Changes to Checkoff Fri, 23 Jan 2015 15:33:19 CST
NCBA Confident Congress More Productive in 2015 Thu, 22 Jan 2015 14:53:46 CST
Tonsor Bullish on Cowherd Expansion Wed, 21 Jan 2015 14:33:24 CST
Lower Gas Prices Helping Domestic Beef Demand Tue, 20 Jan 2015 14:25:08 CST
Glynn Tonsor Optimistic for Strong Cattle Prices in 2015 Mon, 19 Jan 2015 14:36:47 CST
NCBA Pushes for Trade Promotion Authority to Grow Exports Fri, 16 Jan 2015 17:46:10 CST
International Trade on Pace for Strong Finish for 2014 Thu, 15 Jan 2015 12:28:03 CST
AFBF President Bob Stallman Addresses Improving Beef Checkoff Wed, 14 Jan 2015 12:06:03 CST
Grandin Compliments Ranchers for Improvements, Urges Them to Share Their Story Tue, 13 Jan 2015 18:06:44 CST
Preview of Cattlemen's College in San Antonio Mon, 12 Jan 2015 16:27:56 CST