The 2016 Cattle Industry Convention is officially underway in San Diego, offering a roster of educational and informational sessions that are relevant to all cattle industry professionals. Kendal Frazier, National Cattleman’s Beef Association (NCBA) Interim CEO, talked about some of the key discussion topics attendees can expect to hear about this week.
“There’s a lot of concern in our industry about the volatility of the market, especially in the futures market, which is such an important risk management resource for cattlemen to utilize in this industry in order to cure capitol and manage risk, so that’s probably the number one issue that will be discussed this week,” said Frazier, “The president and CEO of the Chicago Mercantile Exchange (CME) will be here Friday to address our live cattle marketing and international marketing committee regarding some concerns the industry has about the current state of the market.”
Another major topic of discussion this week will be policy issues, and the industry’s current efforts to stay involved with them.
“One of our highest priorities in 2016 is to work with Congress to help get the Transpacific Partnership (TPP) approved, which make us more competitive in the Japanese market, because it will lower tariffs fro US beef going into the Japanese market, which is a large customer for US beef,” he said. “The second issue on our radar is Waters of the United States (WOTUS). A rule has been published, and has been stopped in court, that would greatly expand the authority of the Environmental Protection Agency (EPA) over a lot of the non-navigatable waters in the US. We’re part of a lawsuit with a lot of other organizations to stop that rule, that has stayed the rule from going into effect, and we’re going to continue that effort to stop the rule in 2016.”
Listen to Jamie’s full interview with Kendal here:
Interview with Kendal Frazier, NCBA Interim CEO
Photos from the convention: 2016 2016 Cattle Industry Convention Photo Album