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Dairy buyout
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<blockquote data-quote="whitecow" data-source="post: 622226" data-attributes="member: 8638"><p>I just got this in an email from the TX Cattle Feeders Association....</p><p></p><p>Volume 43, Number 3.1</p><p> January 23, 2009</p><p> </p><p>Bulletin<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" />airy Buyout</p><p></p><p>Call Your Senator Immediately To Oppose The Dairy Buyout!Citing overproduction and economic hardships, dairy groups are urging Congress to include language in the economic stimulus bill that would use taxpayer funds to purchase nearly 320,000 head of older cows from dairy farmers.</p><p></p><p>TCFA and NCBA have contacted Members of the House and Senate to inform them about the consequences that a dairy buyout would have for cattle producers and urge them to oppose any such proposal.TCFA will continue its efforts to block this proposal in the Senate, but we also need your help.Please use the letter posted <a href="http://athttp://capwiz.com/beefusa/issues/alert/?alertid=12482171as" target="_blank">athttp://capwiz.com/beefusa/issues/aler ... 12482171as</a> a template to write and send your own letters or make phone calls to your Senators.</p><p></p><p>The proposed buyout would remove approximately 6.5 billion gallons of milk from the market and increasing dairy prices.That might sound like a good idea to the dairy industry, but cattle feeders understand all too well the dramatic effects such a proposal would have on the beef market.A similar dairy buyout plan was implemented in 1986 and resulted in a 25% decrease in the price paid to producers for beef cattle and sent the cattle market to its lowest point in the last 30 years.In total, the beef industry saw a $1 billion loss from the 1986 buyout.</p><p></p><p>The dairy industry's initial efforts to include the buyout language in the House bill were stymied because a number of Congressmen raised concerns about the proposal, labeling it an earmark.However the dairy groups have redoubled their efforts in the Senate where a committee markup of the stimulus bill is scheduled for early next week.</p></blockquote><p></p>
[QUOTE="whitecow, post: 622226, member: 8638"] I just got this in an email from the TX Cattle Feeders Association.... Volume 43, Number 3.1 January 23, 2009 Bulletin:Dairy Buyout Call Your Senator Immediately To Oppose The Dairy Buyout!Citing overproduction and economic hardships, dairy groups are urging Congress to include language in the economic stimulus bill that would use taxpayer funds to purchase nearly 320,000 head of older cows from dairy farmers. TCFA and NCBA have contacted Members of the House and Senate to inform them about the consequences that a dairy buyout would have for cattle producers and urge them to oppose any such proposal.TCFA will continue its efforts to block this proposal in the Senate, but we also need your help.Please use the letter posted [url=athttp://capwiz.com/beefusa/issues/alert/?alertid=12482171as]athttp://capwiz.com/beefusa/issues/aler ... 12482171as[/url] a template to write and send your own letters or make phone calls to your Senators. The proposed buyout would remove approximately 6.5 billion gallons of milk from the market and increasing dairy prices.That might sound like a good idea to the dairy industry, but cattle feeders understand all too well the dramatic effects such a proposal would have on the beef market.A similar dairy buyout plan was implemented in 1986 and resulted in a 25% decrease in the price paid to producers for beef cattle and sent the cattle market to its lowest point in the last 30 years.In total, the beef industry saw a $1 billion loss from the 1986 buyout. The dairy industry's initial efforts to include the buyout language in the House bill were stymied because a number of Congressmen raised concerns about the proposal, labeling it an earmark.However the dairy groups have redoubled their efforts in the Senate where a committee markup of the stimulus bill is scheduled for early next week. [/QUOTE]
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