The North American Meat Institute said the latest version of the Grassley-Fischer government mandate bill is now more onerous and more irrelevant as market driven prices for cattle producers have steadily risen to seven-year highs.
“Supply and demand has already driven the cattle markets back into balance without the radical government interference and convoluted mandates called for in the latest draft of the Grassley-Fischer bill,” said Meat Institute President and CEO Julie Anna Potts. “Make no mistake, the bill still contains government mandates directing how producers market their cattle.”