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.
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 packers’ 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 animals’ 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.
Ron Hays Beef Buzzes with Bill Bullard of R-Calf on the proposed GIPSA Rule
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Beef News
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
Beef Demand Under Pressure From Pork and Poultry in 2015 Fri, 09 Jan 2015 12:15:02 CST
Robb Offers Favorable Outlook for Cattle Producers in 2015 Thu, 08 Jan 2015 15:34:42 CST
Jim Robb Looks Back at Volatility in Cattle Markets Wed, 07 Jan 2015 15:01:01 CST
Jim Robb Says Cattle Prices Bouncing Back After December Downturn Tue, 06 Jan 2015 17:02:20 CST
USMEF CEO Outlines Challenges and Opportunities in Cuba Mon, 05 Jan 2015 12:05:25 CST
Peel Predicts Another Strong Year for Cattle Producers in 2015 Fri, 02 Jan 2015 15:46:25 CST
Best of 2014 Beef Buzzes- Frank Mitloehner Talks US Livestock's Carbon Footprint Tue, 30 Dec 2014 12:53:22 CST
Best of 2014- Frank Mitloehner Pummels Meatless Monday Concept Mon, 29 Dec 2014 07:03:14 CST
NCBA Says APHIS Should Rethink Allowing Fresh Beef in From Argentina Fri, 26 Dec 2014 05:15:45 CST
Last Chance to Submit Comments on Importation of Beef from Argentina Wed, 24 Dec 2014 11:03:30 CST
NCBA Says WOTUS Battle Not Over Tue, 23 Dec 2014 12:47:46 CST
Cattle on Feed Report Shows Second Smallest Placement Month in 19 Years- Tom Leffler Explains Mon, 22 Dec 2014 04:36:43 CST
NCBA's Colin Woodall Offers More Insight on Section 179 Sat, 20 Dec 2014 13:22:10 CST
Peel Amazed US Beef Exports Remain Strong in Spite of Record Prices Thu, 18 Dec 2014 12:21:43 CST
National Livestock CEO Looks Back at Unprecedented Year Wed, 17 Dec 2014 12:19:45 CST
Fundraiser Continues to Gain Support for All American Beef Battalion Tue, 16 Dec 2014 12:13:50 CST
Graduating Vets Stifled by School Loans Mon, 15 Dec 2014 15:49:19 CST
Make Time to Body Condition Score Cows Fri, 12 Dec 2014 11:33:52 CST
Certified Angus Beef Continues to Stand Out Among Competition Thu, 11 Dec 2014 11:28:20 CST
Tonsor Provides 2015 Cattle Outlook Wed, 10 Dec 2014 16:04:55 CST
