Will a casualty of the proposed GIPSA rules be premiums for high-quality cattle? Abeef wholesaler who wants high Choice and Prime ribeyes is willing to pay a premium for them. But if the premium amounts to an extra 40-80/ head, will the producer or feeder pocket any of it? If the proposed Grain Inspection, Packers and Stockyards Administration (GIPSA) changes published on June 22 are adopted, probably not. So say members of U.S. Premium Beef (USPB) and other value-based marketing programs establishedto generate above-market prices for higher-quality cattle. The most controversial question that's faced the beef industry in recent years has proponents and opponents of the GIPSA changes in an uproar, as witnessed by the estimated 1,500 attendees of agovernment hearing in late August.
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