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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, December 24, 2024
A bipartisan group of senators has rolled out an updated piece of legislation that they hope will solve price discovery issues for beef producers. But the new legislation includes language that has already elicited opposition from some of the nation's leading farm groups.
The House of Representatives cleared a pair of bills critical to the livestock sector Wednesday, but the measures might face different fates in the Senate.
The House ventures into the debate over livestock pricing this week, taking up a bill that would require USDA to compile data on cattle contracts, while congressional Democratic leaders try to find a way to raise the debt ceiling and finalize a Senate deal on their Build Back Better plan.
New legislation from a bipartisan contingent of House members would create a contract library in the beef industry, something the sector has called for amidst a push to add transparency into opaque transactions.
The Senate's proposed fiscal 2022 funding bill for the Agriculture Department and Food and Drug Administration would provide $7 billion in disaster assistance to cover producers' losses in 2020 and 2021.
