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Grassley says transparency needs to be restored in cattle markets

U.S. Senator Chuck Grassley is calling on the 118th Congress to pass his cattle market transparency bill.

“I think we have the same support we had a year ago with about an equal number of Democrat and Republican co-sponsors,” he said. “That was approximately 10 on each side.”

The Cattle Price Discovery and Transparency Act of 2023 would establish regional cash minimums and equip producers with additional market information, including a permanent cattle contract library.

But the Iowa Republican tells Brownfield if the bill’s path forward is uncertain, “…we could possibly get it in the farm bill,” Grassley said. “I don’t know how much difficulty that is.”

The legislation passed out of committee in 2022 but failed to get time on the Senate calendar.