Grassley slams Senate Ag's GOP staff over livestock markets bill

 

By Spencer Chase, Agri-Pulse

01/11/22

 

Iowa Republican Chuck Grassley on Tuesday accused his own party's staff on the Senate Ag Committee of working with meat processors to scuttle a cattle market reform bill he and fellow committee Republican Deb Fischer have championed.

 

Speaking to reporters on Tuesday, Grassley said Republican committee aides are working “at the behest” of the North American Meat Institute as they solicit economic feedback on the potential impacts of the bill.

 

The legislation, co-sponsored by Grassley, Fischer, as well as Democratic Sens. Jon Tester of Montana and Ron Wyden of Oregon, would create regional cash trade requirements for cattle purchasing, establish a beef cattle contract library, and make a handful of other reforms.

 

On Sunday, John Newton, chief economist for the Republican staff of the Senate Ag Committee, said several land grant economists were working on an analysis of the bill. One such economist, Colorado State’s Stephen Koontz, said Monday the bill would cost producers about $50 per head.

 

Patrick Creamer, a spokesman for the committee's top Republican, John Boozman of Arkansas, said the economic analyses should help committee members make a more informed decision on the bill.

 

“Ranking Member Boozman appreciates that Senators Grassley and Fischer have proposed a solution for this complex issue,” Creamer said in an email to Agri-Pulse. “He simply wants to learn more about the impacts this approach would have on the industry and has asked some of the most well respected livestock economists in the country to help inform us. We would welcome any analysis as we work together to address this issue.”

 

The North American Meat Institute told Agri-Pulse it "is on the record against the Grassley-Fischer mandate as are others in the beef industry who share our concerns about its costly consequences for cattle producers, feeders, packers and ultimately, consumers. There have been numerous, independent economic analyses about the mandates harm to the entire industry, but proponents of the bill have not offered any economic analysis supporting the bill.”

 

For his part, Grassley said...

 

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