NCBA Legislative Update

WASHINGTON (December 6, 2022) – Today, the National Cattlemen’s Beef Association (NCBA) welcomed the release of a final rule from the U.S. Department of Agriculture (USDA) to stand up the Cattle Contract Library Pilot Program. This program was authorized following NCBA’s engagement with Congress on the Consolidated Appropriations Act of 2022. “We are pleased that USDA listened to feedback from stakeholders like NCBA while crafting the final rule on the Cattle Contract Library Pilot Program. We are hopeful that this pilot program will strike an appropriate balance between offering cattle producers additional insight into the market while also protecting their proprietary business information,” said NCBA Senior Director of Government Affairs Tanner Beymer. “A Cattle Contract Library is just one of many tools NCBA has advocated for to help producers make informed business decisions and capture the most value possible for their cattle.” NCBA has long advocated for market transparency tools and worked closely with congressional leaders like Senator John Hoeven (R-ND) to secure congressional authorization to launch this pilot program. NCBA staff have worked closely with USDA to provide feedback throughout the testing phase of the program, and we look forward to continued engagement and evaluation as the pilot program launches.

WASHINGTON (December 2, 2022) – Today, National Cattlemen’s Beef Association (NCBA) CEO Colin Woodall released a statement following the signing of H.J. Res. 100 to avert disruptions in rail service: “America’s cattle producers are grateful for the bipartisan effort that prevented disruptions in critical rail service across the country. A rail shutdown would have been disastrous to our supply chain, and would have interrupted the essential feed, fuel, and fertilizer shipments cattle producers need. We are pleased that this joint resolution was swiftly passed by Congress and signed into law.”

WASHINGTON (December 1, 2022) – Today, the National Cattlemen’s Beef Association (NCBA) announced support for the Senate version of the Protect Farmers from the SEC Act, a companion bill to legislation that was previously introduced in the House of Representatives by Rep. Frank Lucas (R-OK). “The Securities and Exchange Commission’s overly broad rulemaking has the potential to increase burdens on cattle producers by requiring data that is impossible to provide,” said NCBA Chief Counsel MaryThomas Hart. “NCBA is proud to support the Protect Farmers from the SEC Act because it ensures that federal regulators do not overstep their jurisdiction and it protects cattle producers from additional government red tape. We thank Senators Boozman and Braun for their focus on this issue.”

The Protect Farmers from the SEC Act excludes agriculture from reporting scope 3, or supply chain, greenhouse gas emissions under the Securities and Exchange Commission’s proposed climate disclosure rule. While the rule is aimed at large publicly traded companies, agricultural operations could be subjected to additional reporting as part of the supply chain for public restaurants and retailers.

WHITE FARM • LEXINGTON, KENTUCKY

Contact White Farm Tim White (859) 509-5401 • Amy White (859) 227-2552 3664 Military Pike • Lexington, Kentucky 40513 whitefarm4@twc.com

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