The four U.S. Senators who have led the charge addressing the price imbalance in the cattle industry have announced a compromise bill.
Republicans Chuck Grassley of Iowa and Deb Fischer of Nebraska, along with Democrats Jon Tester of Montana and Oregon’s Ron Wyden plan to introduce the Cattle Price Discovery and Transparency Act this week.
Iowa Cattlemen’s Association CEO Matt Deppe tells Brownfield the proposed legislation addresses the cattle industry’s concerns with Senator Grassley’s 50/14 bill.