State Farm Bureaus, including Nevada, have communicated in a group letter their opposition to proposed Senate plans for a mandatory pricing system for cattle sales. The letter was sent to both of the two-parties leaders in the U.S. Senate (Senator Majority Leader Schumer and Senator Minority Leader McConnell) as well as the Chair of the Senate Agriculture Committee, Senator Debbie Stabenow and ranking Senate Agriculture member, Senator John Boozman,
The letter opened, clearly noting that the state Farm Bureaus are “opposed to S. 4030, the Cattle Price Discovery, and Transparency Act (CPDTA), because it would create an onerous government mandate in the cattle market.”
Continuing on the letter shared, “many studies and analyses from economists at renowned universities conclude a federal mandate in the market will cost cow-calf and stocker operators anywhere from $50-85 per head, if not more, on the price they receive for their cattle. It is clear the mandate is not the solution to higher cattle prices and profitability for farmers and ranchers.”
Beyond the markup of the legislation, Farm Bureau and other cattle industry supporters have been pushing back on S. 4030. Both Nevada’s two U.S. Senators have sent letters to their colleagues indicating their opposition to the concept of including mandatory government mandates.