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
The Beef Industry is Reinventing Itself Under a Time-Tested Brand: "Beef, It's What's for Dinner." Fri, 21 Jul 2017 15:25:39 CDT
NCBA Helps Our DC Leaders See the Forest for the Trees - Keeps Agenda of Populist Groups at Bay Thu, 20 Jul 2017 11:30:34 CDT
Industry Spot On in Producing Safe, Superior-Tasting Beef, Needs Improvement Communicating That Wed, 19 Jul 2017 11:19:10 CDT
Opportunity Abounds in China But Don't Hold Your Breath - Developing Markets There will Take Time Tue, 18 Jul 2017 10:10:31 CDT
Beef Exports Continue to Blaze But will Australia's Duty-Advantage Over the US Snuff Out the Flame? Mon, 17 Jul 2017 11:12:18 CDT
Research Suggests Beef Just as Effective as Alternative Meats in High-Protein Weight Loss Diets Fri, 14 Jul 2017 11:53:07 CDT
New Trump and EPA Administrations a "Breath of Fresh Air" to Work with Says NCBA's Colin Woodall Thu, 13 Jul 2017 10:56:09 CDT
Roundtable for Sustainable Beef Working to Improve the Value Chain and Develop Consumer Trust Wed, 12 Jul 2017 11:41:06 CDT
The US Beef Industry's New Norm - Staying Ahead of the Curve in Value-Added Management Tue, 11 Jul 2017 12:26:04 CDT
Genomic Research Becoming an Important Driver of Profitability Across the Beef Value Chain Mon, 10 Jul 2017 11:37:03 CDT
Animal Scientist Dr. Bob Weaber Calls Genomics a 'Game Changer' for the Beef Cattle Industry Fri, 07 Jul 2017 11:04:02 CDT
Recent Success in Feedlot Markets Threatened by Rising Breakeven Costs, Is Red Ink on the Way? Thu, 06 Jul 2017 11:45:50 CDT
After Unprecedented Strength, Wholesale Beef Prices Have Reached a Cliff, But is it Time to Panic? Wed, 05 Jul 2017 11:47:39 CDT
China's "Grey Market" Likely to Cause Confusion as US Beef Industry Begins the Exporting Process Mon, 03 Jul 2017 11:56:18 CDT
First Load of US Beef Arrives in China Today - But How Much will it Cost Producers to Supply China? Fri, 30 Jun 2017 11:54:46 CDT
Healthy Eating Doesn't Have to be a Chore - It's All About Striking a Balance and Eating Mindfully Thu, 29 Jun 2017 11:04:00 CDT
Remembering OK Cattleman Richard Gebhart, Celebrating His Fight Against WOTUS and Its Repeal Wed, 28 Jun 2017 11:29:54 CDT
If Cattle is Your Business, Then You Know - Business is Good! Economist Derrell Peel Explains Why Tue, 27 Jun 2017 12:06:13 CDT
Economist Derrell Peel Predicts Cattle Markets Likely to Hold a Sideways Pattern for Remainder of 2017 Mon, 26 Jun 2017 11:20:25 CDT
Rancher Irv Petsch is Doing His Part to Keep US Beef on Both the Minds and Tables of the Japanese Thu, 22 Jun 2017 12:12:27 CDT
OKC West Livestock Auction is Sporting a New Sale Day Schedule this Spring and so Far - Folks Love It Wed, 21 Jun 2017 14:48:54 CDT
Has It Peak? Glynn Tonsor Explains What's Been Driving Up Boxed Beef's Choice/Select Spread Tue, 20 Jun 2017 15:37:42 CDT
Improving Your Stockmanship Skills Begins with Breaking Any Old Habits and Keeping an Open Mind Mon, 19 Jun 2017 11:27:11 CDT
China a Big Win for US Beef Industry - But Derrell Peel Says It'll Take Time Before We See a Payoff Fri, 16 Jun 2017 12:11:17 CDT
The Cost of Entering China's Market will be High, But NCBA's Kent Bacus Says It will Be Worth It Thu, 15 Jun 2017 12:26:06 CDT
China's Doors Finally Re-Opened to US Beef and This Time We're Making Sure They Stay That Way Wed, 14 Jun 2017 11:06:48 CDT
The Deal is Done! USMEF Exec Says US Now Has Better Access to China Than Any Other Exporter Tue, 13 Jun 2017 12:37:59 CDT
Trich Cases Reportedly on the Rise in Southern Plains Cattle Herds, Keep Vigilant or Incur the Costs Mon, 12 Jun 2017 11:59:30 CDT
Alltech Researcher Maurice Boland Explains How to Push the Limits of Your Beef Cattle's Efficiency Fri, 09 Jun 2017 11:32:35 CDT
Market Economist Derrell Peel Brings Attention to New Movement Being Observed in Feedlot Country Thu, 08 Jun 2017 10:58:20 CDT
Brazil Scandal Keeps JBS in Hot Water With Temperatures Rising But How Will It Affect Them Here? Wed, 07 Jun 2017 12:08:06 CDT
Market Economist Jim Robb Shines Light on Unusual Changes Developing in Beef Markets Recently Tue, 06 Jun 2017 12:22:35 CDT
The US Beef Industry's New Norm - Staying Ahead of the Curve in Value-Added Management Mon, 05 Jun 2017 10:58:33 CDT
With Trump in the White House, Could a Full Repeal of the "Death Tax" Finally Happen? Fri, 02 Jun 2017 11:21:55 CDT
Vet Specialist AJ Tarpoff Offers Advice on How to Begin Making Decisions Regarding Fly Control Thu, 01 Jun 2017 10:39:53 CDT