LMR reauthorized despite being on the ‘edge of your seat’ for producers
Congress has reauthorized Livestock Mandatory Reporting through a continuing resolution that passed late Thursday night.
Ashely Kohls with the Nebraska Cattlemen’s Association tells Brownfield LMR is critical for price discovery and transparency for producers. “For those numbers to go away, it would do the exact opposite of what we’re trying to do with a lot of these efforts and legislation.”
LMR is usually reauthorized every five-years but has been operating on multiple one-year extensions.
Kohls says it’s been attached to continuing resolutions allowing lawmakers to review it, but that leaves uncertainty in the industry. “We would like to see a longer-term reauthorization like a one year or five years like it’s intended to get,” she says. “It is a constant, it is kind of at the edge of your seat situation for us when it comes to LMR making sure it does get a ride or get a full authorization.”
The continuing resolution is now set to expire February, 18, 2022.
Brownfield interviewed Kohls at the Nebraska Cattlemen’s Convention.