The USDA’s proposal to make sweeping changes to the Packers & Stockyards Act is drawing strong condemnation from the National Cattlemen’s Beef Association.
In a passionate presentation before a meeting of NCBA’s Livestock Marketing Council, NCBA chief economist Gregg Doud said the proposed GIPSA rule is “insanity—it’s legal anarchy.” Doud says, under the rule, the industry “would go back to ‘a #2 yellow corn commodity cattle business’.” And Colin Woodall, NCBA’s vice president of government affair agrees, predicting the rule would be “a disaster” for cattle producers.
AUDIO: Colin Woodall (5 min MP3)
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