NAMI: Prices for Cattle at Record Highs; Grassley-Fischer & Special Investigator Bills Costly

With the U.S. House and Senate considering legislation to intervene in beef and cattle markets, prices for cattle are at or near record highs calling into question the need for heavy-handed government interference.

North American Meat Institute: Grassley-Fischer Bill is Still a Government Mandate on Producers

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.