THEE Hot Barn Report!
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Welcome to America’s Hot Barn Report now heard coast to coast and border to border
It is official, we have just confirmed our 12th reporting barn for the big fall run. We now blanket the great Northern beef belt from Motely, Minnesota to Torrington, Wyoming.
The Hot Barn Report is a fast paced and entertaining daily program covering the latest news and trends in the cattle industry, hosted by Monte James, a veteran rodeo announcer, radio host and industry expert! The Hot Barn Report features interviews with industry leaders, market analysts, producers and ranchers and features True Price Discovery from salebarns in Great Northern Beef Belt and across the nation.
Slower than molasses in the January is how I would describe the pace of change in Washington DC. Thanks for joining me today on this special Friday edition of the Hot Barn Report.
According to a WH press release, “Last week, the White House and Department of Agriculture convened a listening session with representatives from 16 food and agriculture advocacy organizations to discuss the need for more competition in key agricultural markets.
Senior White House and Department of Agriculture officials opened the session by explaining that President Biden has made promoting competition in agricultural markets a priority of his economic agenda. They explained how industry consolidation—whether in meat and poultry processing, ocean shipping, or other fields—can decrease options for inputs like seeds, fertilizer, and farm equipment and limit channels for selling products. Officials also highlighted steps that the Administration has taken to date to spur competition, increase transparency, and support new markets and opportunities in the agriculture sector. They expressed support for further legislative action to protect farmers and ranchers from abuse, promote competition, and make our supply chains more diverse and resilient, and they noted that they are encouraged to see this is an area of bipartisan interest.
During the listening session, participants representing a diverse set of agricultural communities described their experiences with how consolidation has harmed family farmers and ranchers and raised prices for American consumers. Many participants noted progress that has been made under the Biden-Harris Administration to invest in independent meat and poultry processing capacity, expand market opportunities and seed choices for farmers and support a growing workforce in rural areas, and asked that the Administration continue efforts to combat consolidation. They expressed their support for bipartisan legislation to further promote competition in the food supply chain. Officials closed the meeting by reiterating the President’s commitment to promoting competition across industries and thanked participants for their hard work and feedback.”
Sources present at the meeting said there was resounding support for mandatory country of origin labeling on beef which I think would be considered the ultimate tax neutral way to promote domestic beef and return competition to our marketplace. There was also clear support for checkoff reform to better promote our ag commodities.
But when it is all said and done, it seems more gets said in DC than actually gets done! Here’s to hoping that changes!
It has been a barn burning market, literally, at this Diamond Dozen Hot Barns that power this program: Stockmens Livestock, Lemmon Livestock, North Platte Stockyards, St. Onge/Newell, Platte Livestock Market, Tri County Stockyards, Torrington Livestock, Creighton Livestock Market, Bassett Livestock Auction, Mobridge Livestock, Ogallala Livestock Auction Market, and Presho Livestock. Catch them all on CattleUSA.com.