Farms.com Home   News

NCBA Disappointed in House Passage of Special Investigator Bill

Today, the National Cattlemen’s Beef Association (NCBA) expressed strong disappointment in the House passage of the Lower Food and Fuel Costs Act, which incorporates the Meat and Poultry Special Investigator Act.

“Rising food, fuel, and fertilizer prices are hurting cattle producers around the country, but Congress is relentlessly focused on political posturing through this special investigator bill,” said NCBA Vice President of Government Affairs Ethan Lane. “NCBA strongly supports fairness and transparency in the market, but Congress is wasting time with legislative proposals in search of a problem while ignoring real issues impacting cattle producers.”

The special investigator section of the Lower Food and Fuel Costs Act would create a new position at the U.S. Department of Agriculture (USDA) to investigate broad “anticompetitive” matters. Unfortunately, this position duplicates the work of numerous federal investigative agencies—including the USDA Packers and Stockyards Division, Department of Justice, Federal Bureau of Investigation, Federal Trade Commission, and Department of Homeland Security—who have existing authority, staff, and budget to investigate anticompetitive actions.

Click here to see more...

Trending Video

$5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?

Video: $5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?


$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
Headline news of pseudorabies disease found in hogs in Iowa and #1 buyer Mexico may restrict exports weighed on hog futures.
Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.