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livestock

Livestock Round Up: Mandatory Cash Cattle Bill Introduced in the Senate

Senator Deb Fischer (R-Nebraska) has introduced legislation to mandate a minimum volume of cash market purchases of fed cattle. Specifically, the bill would amend the Packers and Stockyards Act to direct USDA to establish a mandatory minimum of negotiated purchases of fed cattle for each packer in each region for each slaughter week. It would not apply to single plant packing companies, however. The basics of the mandatory minimum are as follows:

Purchase volume requirements would be set regionally, along the lines of the USDA’s current five region livestock reporting, though regions could be adjusted

Would apply to cattle purchased for slaughter within 14 days – the proposal amends the Ag Marketing Act’s curren...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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