Raising cattle transparency

摘要

On June 8, Representative Vicky Hartzler (R-Mo.) introduced the Optimizing the Cattle Market Act of 2021, which is intended to help the cattle market have greater price discovery and transparency.Senators Deb Fischer (R-Neb.) and Ron Wyden (D-Ore.) introduced a similar bill to the Senate earlier this year named The Cattle Market Transparency Act of 2021."America's producers continue to face challenges in the cattle market,particularly in terms of external market disruptions and the fading COVID-19 pandemic," Hartzler said."This legislation aims to usher in transparency improvements and restores accountability in the industry to lift up these struggling sectors and embark on a new chapter of progress for our cattlemen and women."The legislation would require Agriculture Secretary Tom Vilsack to establish regionally sufficient levels of negotiated cash and grid trade within two years of enactment and to consider stakeholder input through a public comment period.