Joint Statement of Livestock Organizations
May 18, 2021
Overland Park, Kan.
On Monday, May 10, 2021, member leaders of American Farm Bureau Federation, National Cattlemen’s Beef Association, National Farmers Union, R-CALF USA, and the United States Cattlemen’s Association met in Phoenix, Arizona.
These groups convened at the request of Livestock Marketing Association to discuss challenges involved in the marketing of finished cattle with the ultimate goal of bringing about a more financially sustainable situation for cattle feeders and cow-calf producers.
The group talked openly and candidly about a wide range of important issues facing our industry today, including but not limited to:
- Packer concentration,
- Price transparency and discovery,
- Packer oversight,
- Packers and Stockyards Act enforcement,
- Level of captive supply, and
- Packer capacity.
The group also agreed to take to their respective organizations for consideration these action items:
- Expedite the renewal of USDA’s Livestock Mandatory Reporting (LMR), including formula base prices subject to the same reporting requirements as negotiated cash and the creation of a contract library.
- Demand the Department of Justice (DOJ) issue a public investigation status report and as warranted, conduct joint DOJ and USDA oversight of packer activity moving forward.
- Encourage investment in, and development of, new independent, local, and regional packers.
This unprecedented meeting brought together diverse producer organizations to identify issues and discuss potential solutions. These issues and action item lists are not comprehensive, due to time constraints of this meeting. Attending organization representatives were pleased to have reached consensus on many issues and are committed to the ultimate goal of achieving a fair and transparent finished cattle marketing system.
About the Livestock Marketing Association
The Livestock Marketing Association (LMA), headquartered in Overland Park, Kan., is North America’s leading, national trade association dedicated to serving its members in the open and competitive auction method of marketing livestock. Founded in 1947, LMA has more than 800 member businesses across the U.S. and Canada and remains invested in both the livestock and livestock marketing industries through support, representation and communication efforts.
RELATED PRESS RELEASES
June 18, 2022
Mark Barnett Installed as LMA President for 2022-2024 Term
Overland Park, Kan. – Mark Barnett of Kentucky-Tennessee Livestock Market, Inc. in Guthrie, Ky., was installed president of the Livestock Marketing Association (LMA) at the 2022 LMA Annual Convention & WLAC, held June 8-11. Barnett will complete a two-year term leading the nation’s largest livestock marketing trade association that represents more than 800 local livestock auction markets and allied businesses.
June 12, 2021
Peek receives 2021 Livestock Marketing Association Industry Icon Award
Chuck Bradley, from Rockford, Ala., was named the 2021 World Livestock Auctioneer Champion at the 57th annual competition held at Dickson Regional Livestock Center, Dickson, Tenn., and presented by the Livestock Marketing Association (LMA).
December 16, 2014
LMA Opposes USDA Creating Second Beef Checkoff
The Livestock Marketing Association (LMA) submitted comments opposing USDA Secretary Tom Vilsack’s plans to create a second Beef Checkoff under the Commodity, Promotion, Research, and Consumer Information Act of 1996. Cattle producers already pay a $1 Checkoff each time cattle are sold. This program was created in 1985 under the Beef Promotion and Research Act. If USDA moves forward with their plans, the second Checkoff would run at the same time as the current Checkoff.