U.S.
Cattlemen's Association Responds to Open Letter from Certified Angus Beef
(AUGUST 26) -
The United States Cattlemen's Association (USCA) responded to a letter from the
leadership of Certified Angus Beef (CAB) addressed to "Fellow
Beef Industry Stakeholders" and regarding "Questions
from The Brand About The 50-14 Legislation".
How will
negotiated grids be handled under the proposed requirements:
considered part of the negotiated spot market given prices can
be negotiated weekly without a written or implied contract with a
packer or excluded from the spot market due to their grid structure?
Why are dairy
and dairy crossbred cattle, cattle over 30 months of age and
foreign-born cattle excluded from the proposed 50% spot market
purchase requirement and how do these excluded populations factor
into the 50% spot market purchase calculation for a plant?
What will the
impact be on value-added programs such as age-and-source verified,
GAP-certified, NHTC, etc., and associated feeder calf prices, if a
feeder’s ability to secure a fed-cattle market is not assured prior
to placing the cattle on feed?
USCA's Marketing
and Competition Committee worked to provide answers to the above
questions and looks forward to further discussing this legislation with
CAB leadership, and other industry stakeholders.