WACO, Texas — The following statement may be attributed to Texas Farm Bureau President Russell Boening following today’s U.S. Senate committee passage of the Cattle Price Discovery and Transparency Act.
“Texas Farm Bureau (TFB) is extremely disappointed the Cattle Price Discovery and Transparency Act passed the U.S. Senate Committee on Agriculture, Nutrition and Forestry today, despite an overwhelming amount of analysis proving a government mandate in the cattle market will only hurt cattle ranchers. We encourage leaders of Congress to continue opposing this bill as long as the mandate language remains intact. TFB is committed to working towards solutions to increase transparency and price discovery for cattle ranchers. However, it is important to ensure legislation is well thought out before being enacted. Failure to do so can hurt the very producers it is intended to help.”
Letter signed by 19 state Farm Bureaus to Congressional leaders outlining opposition to Cattle Price Discovery and Transparency Act: click here.
TFB cattle market issues webpage: https://texasfarmbureau.org/
–Texas Farm Bureau
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