The USDA released a report on its investigation into price upheaval within the U.S. beef industry, specifically as it relates to a fire in Holcomb, Kansas, as well as disruptions caused by COVID-19.
Brooke Miller, President of the U.S. Cattlemen’s Association, says, “The top-line considerations detailed in this report provide a roadmap for returning transparency and true price discovery in the cattle marketplace. USCA is advocating for making these changes through a reauthorization of Livestock Mandatory Reporting, which is set to expire on September 30.” Miller also says his group co-authored a letter to Senate Ag Chair Pat Roberts and asked for a hearing on the state of the U.S. cattle industry. The letter was “met with silence,” something he calls unacceptable.
The National Farmers Union says price-fixing in the meat industry is nothing new. While they welcome the USDA report, the group says it must be accompanied by real reforms. “Radical and immediate action is needed to create a fair and balanced food system,” says NFU President Rob Larew. “We’re asking USDA and other federal agencies to strengthen protections for farmers, enforce existing regulations, and prevent undue market power in the future.” Larew says the agency must continue to conduct a thorough investigation, saying the NFU “intends to hold them to account.”
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