# Cattle markets take center stage in ag committees

> The Senate and House Agriculture Committees held hearings on cattle market issues, including the Big 4 meatpackers, mandated cash sales and a proposed USDA competition oversight agency. Witnesses included NCBA President Don Schiefelbein, and the House has passed a cattle contract library bill that stalled in the Senate.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/41983-cattle-markets-take-center-stage-in-ag-committees
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Possible policy changes to packer practices and cash-trade rules could alter cattle price discovery, but no clear legislative path has emerged.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-07-29 | [Cattle Market Challenges Take Center Stage on Capitol Hill - Northern Ag Network](https://feedsoft.ai/events/46204-cattle-market-challenges-take-center-stage-on-capitol-hill-northern-ag-network.md) | +0.8% | +2.5% |
| LCATTLE | 2021-06-28 | [Cattle Producers and Lawmakers Delve Into Problems With Markets and Packers](https://feedsoft.ai/events/46712-cattle-producers-and-lawmakers-delve-into-problems-with-markets-and-packers.md) | +0.7% | -0.5% |
| LCATTLE | 2021-05-19 | [Livestock groups unite on need to address cattle markets](https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets.md) | -0.0% | +2.0% |
| LCATTLE | 2020-05-30 | [Cattle feeders look for market fix](https://feedsoft.ai/events/53278-cattle-feeders-look-for-market-fix.md) | -3.5% | -9.6% |
| LCATTLE | 2020-07-22 | [USDA Mulls Cattle Market Changes After Coronavirus-Related Gyrations  - WSJ](https://feedsoft.ai/events/52239-usda-mulls-cattle-market-changes-after-coronavirus-related-gyrations-wsj.md) | -0.0% | +6.9% |
| FCATTLE | 2021-07-29 | [Cattle Market Challenges Take Center Stage on Capitol Hill - Northern Ag Network](https://feedsoft.ai/events/46204-cattle-market-challenges-take-center-stage-on-capitol-hill-northern-ag-network.md) | -0.6% | -0.5% |
| FCATTLE | 2021-06-28 | [Cattle Producers and Lawmakers Delve Into Problems With Markets and Packers](https://feedsoft.ai/events/46712-cattle-producers-and-lawmakers-delve-into-problems-with-markets-and-packers.md) | -1.6% | +1.7% |
| FCATTLE | 2021-05-19 | [Livestock groups unite on need to address cattle markets](https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets.md) | -0.4% | +14.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/cattle-news/cattle-markets-take-center-stage-in-ag-committees

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.