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Beef Buzz News


NCBA's Tanner Beymer Says Most Cattle Industry Groups Back Cattle Contract Library Bill

Tue, 14 Dec 2021 10:19:06 CST

NCBA's Tanner Beymer Says Most Cattle Industry Groups Back Cattle Contract Library Bill Ron Hays, director of Radio Oklahoma Ag Network, and Tanner Beymer, director of Government Affairs and Market Regulatory Policy at the National Cattlemen's Beef Association, pick up where yesterday's Beef Buzz left off: Going into detail about the Cattle Contract Library Act of 2021. Check out yesterday's conversation here.

The bill was modeled after the Swine Contract Library but has significant differences that Beymer believes are improvements based on the beef cattle industry's specific needs. The care taken to create this cattle-specific legislation has translated into wide support for it across the nation's diverse industry.

"For one thing, when you are comparing cattle to hogs, there are a host of things that differentiate cattle from a marketing perspective," Beymer said. "There is a lot more that can be incentivized in cattle. You have quality grade, dressing percentage, different programs and different origin claims."

With so many factors at play when it comes to fed-cattle negotiations, the legislation had to be tweaked. One of the biggest differences is which United States Department of Agriculture agency will manage the data, Beymer said.

"The Swine Contract Library that currently exists is teed up at the Packers and Stockyards Division at the USDA," Beymer said. "The Dusty Johnson bill would tee (the Cattle Contract Library) up through the Agricultural Marketing Act."

Instead of the Packers and Stockyards Division overseeing the Cattle Contract Library, the Market News Division of the Agricultural Marketing Service at the USDA would, according to Beymer.

"Which means it is subject to LMR confidentiality rules and typical data aggregation, and we think that is a far more appropriate place," Beymer said. "Market News has vastly more experience in warehousing data and making it publicly available."

Click on the LISTEN BAR below to hear more from Ron Hays and Tanner Beymer as they talk about the Cattle Contract Library Act of 2021 and what is happening with the 75% Plan.

The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.

   


   

Listen to Ron's conversation with Tanner here.
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