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Farm & Ranch - August 2020
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FARM & RANCH
THE NORTH PLATTE TELEGRAPH
AUGUST 2020
Cattlemen await investigation after USDA report
Department of Justice to look into packer business practices
different platforms to en- courage more participation in the cash trade. One part of the report was unexpected. USDA talked about allocating resourc- es to small meat processors to expand their operations or build new regional plants where processing capacity is lacking. “I was pretty excited to see that particular suggestion in the report,” Kohls said. Now she’s hoping the jus- tice department can take a deeper look at business prac- tices. Pricing has long been a source of angst between packers and producers, Kohls said. The frustration elevated due to the mar- ket response to COVID-19 and caused Nebraska Cattlemen’s Association
U.S. Department of Justice and asked them to look into the situation as well. While USDA found no vi- olations under the Packers and Stockyards Act, Kohls took interest in the recom- mendations USDA made on future policy and regulation. Some recommenda- tions include amending the Livestock Marketing Reports and Mandatory Price Reports. She said the goal would be to reduce non-reporting and increase people’s confidence in the re- ported >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12
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