Legislation Improves Cattle Market Transparency

American Farm Bureau Federation President Zippy Duvall commented on the House vote to advance the Cattle Contract Library Act of 2021 and to extend the Livestock Mandatory Reporting Act.

“American Farm Bureau appreciates the House of Representatives taking positive steps toward ensuring fairness and transparency in America’s cattle industry. The Livestock Mandatory Reporting Act and the Cattle Contract Library Act both provide crucial information, which is needed now more than ever as prices skyrocket at the grocery store while payments to farmers lag behind.