Calls from Congress to address issues within the cattle markets continue. Another hearing is now scheduled to happen in Washington next week.
The Senate Ag Committee announced it will hold a hearing Wednesday, June 23, 2021. The hearing will examine markets, transparency and prices from cattle producers to consumers.
GR8 NEWS Ag Cmte answering my calls 2hold a hearing on June 23 on unfairness in cattle market/industry +need for transparency This is opportunity to educate senators/public on the dire issues family farmers r facing while up against Big Cattle/ 4 packers control 80% of market
— Chuck Grassley (@ChuckGrassley) June 17, 2021
The news was welcomed by Senator Chuck Grassley (R-IA) who took to Twitter, saying, “this is an opportunity to educate senators-public on the dire issues family farmers are facing while up against big cattle. Four packers control 80% of the market.”
Families win when every segment of the cattle supply chain is thriving. To make that happen, the cattle market needs change. That is why I’m pleased there will be a Senate Ag hearing to look into these issues & why I continue to work to advance my Cattle Market Transparency Act. https://t.co/roQylH3SkL
— Senator Deb Fischer (@SenatorFischer) June 17, 2021
Sen. Deb Fischer (R-Neb.) has also been a vocal proponent of calls for change, including legislation to create more transparent cattle markets.
She also applauded the scheduled hearing, saying on Twitter, “Families win when every segment of the cattle supply chain is thriving. To make that happen, the cattle market needs change. That is why I’m pleased there will be a Senate Ag hearing to look into these issues and why I continue to work to advance my Cattle Market Transparency Act.”
Follow more coverage on the cattle markets and calls for change.
