Lawmakers continue to work on a fix for the cattle markets with growing frustration in the country. South Dakota Senator John Thune says its understandable cattle producers would be upset with the recent news of JBS striking a $52.5 million settlement on beef price fixing when the Justice Department hasn’t released any information or conclusions on their ongoing investigations.
He says he regularly pushes DOJ to get some conclusion to their pending probes because producers need some action.
Thune hasn’t decided yet if he will support the Grassley Fischer compromise bill because he has concerns about the negotiated cash cattle mandates taking a marketing option off the table for some producers.
He says the cattle industry needs some unity to ensure a positive outcome.