U.S. Senator Ben Sasse, a staunch advocate for Nebraska farmers and ranchers, issued the following statement after the USDA released a report on boxed beef and fed cattle market disruption.

“Market transparency and price discovery are important to Nebraska’s cattle, hog and sheep producers. It has been tough for these guys. The more tools USDA has to quickly and properly respond to market disruptions the more confidence producers can have in the markets. If USDA needs more from Congress, we need to have those discussions.”

Background: In April, Sasse wrote to the Commodity Futures Trading Commission urging them to review market volatility and increasing widening of boxed beef prices to live cattle prices.