FEDERAL LANDS COMMITTEE
RENEWED POLICY WITHOUT CHANGES
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• Injunction Review
• Trespass
• Legislative and Regulatory Revisions for Grazing Permit Administration
• Vested Grazing Rights
• Water Rights-of-Way
• Border Security and Funding
• Prairie Dogs
• Landowner Action for Wolf Depredation on Private and Federal Lands
• Federal Management of Non-Listed Species
• Livestock Grazing as a Primary Tool
INTERNATIONAL TRADE COMMITTEE
European Union Deforestation Regulation( EUDR) – New
THEREFORE BE IT RESOLVED, NCBA will work in partnership with the Office of the U. S. Trade Representative and the European Union to secure the permanent removal of the U. S. from the scope of the EUDR.
RENEWED POLICY WITHOUT CHANGES
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• U. S.-Mexico-Canada Agreement
• U. S. Meat Export Federation
• Trade Quotas
• Bovine Spongiform Encephalopathy( BSE) Trade Action
LIVE CATTLE MARKETING COMMITTEE
Inclusion of Breeding and Cull Cattle in LRP Coverage – New
THEREFORE, BE IT RESOLVED, NCBA supports expanding LRP to address longterm price risk through the development of insurance products for bred cows, bred heifers, and cull beef cows, and
BE IT FURTHER RESOLVED, these products should be based on transparent, wellreported pricing metrics and structured to minimize volatility impacts on cash and futures markets across the cattle and beef complex, and
BE IT FURTHER RESOLVED, NCBA supports increased federal premium subsidies for all LRP products to ensure accessibility and strengthen risk management options for cattle producers, and
BE IT FURTHER RESOLVED, NCBA staff is directed to promptly convene a task force to develop and submit specific recommendations to USDA’ s Risk Management Agency to support a timely and well researched expansion of LRP offerings that promote herd rebuilding and long-term industry sustainability.
CME Group( CME) Live Cattle and Feeder Cattle Futures Contracts Price Limits – New
THEREFORE BE IT DIRECTED, NCBA staff and leadership shall seek a semi-annual( once every six months) reset of daily price limits for CME Live Cattle and Feeder Cattle futures with an initial daily price limit for CME Live Cattle futures of 3.0 % of the most recent“ average price,” as detailed in Chapter 101 / Section 10102. D. of the CME Rulebook, and an initial daily price limit for CME Feeder Cattle futures of 1.25 times the initial price limit for CME Live Cattle futures.
RENEWED POLICY WITHOUT CHANGES
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• Value-Based Marketing
• Electronic Funds Transfer & Lien Release
• Grain Inspection Packers and Stockyards Act Reform
• CME Group’ s Live Cattle and Feeder Cattle Futures
• Beef Grading
PROPERTY RIGHTS & ENVIRONMENTAL MANAGEMENT COMMITTEE
Permit Coordination – Amended
THEREFORE BE IT RESOLVED, NCBA shall continue to work on legislation and regulations to provide permit and regulation coordination and streamlining.
Diesel Exhaust Fluid( DEF) – New
THEREFORE, BE IT RESOLVED, NCBA supports allowing equipment owners to remove DEF systems on late model farm equipment, heavy trucks, and pickup trucks without penalty.
BE IT FURTHER RESOLVED, NCBA supports legislative or administrative actions to eliminate SCR systems and the use of DEF on diesel-powered equipment used by the livestock industry.
RENEWED POLICY WITHOUT CHANGES
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• Feral Swine Eradication
• Superfund and Resource Conservation & Recovery Act( RCRA) Exemption for Livestock Manure
• Funding for Technical Assistance
• Climate Change, Ecosystem Services, Carbon Sequestration, and Greenhouse Gases
• Beef Producer Representation on Environmental Agency Commissions and Committees
• Eminent Domain
• Public Access
Hobby Loss Rule – New
TAX & CREDIT COMMITTEE
THEREFORE, BE IT DIRECTED, NCBA will work with its affiliates and other members of the agriculture industry to raise awareness of the Hobby Loss Rule to avoid this pitfall.
BE IT FURTHER DIRECTED, NCBA staff will engage the IRS to provide clear definitions in each part of the Hobby Loss Rule and provide greater transparency and guidance to vulnerable livestock operations.
RENEWED POLICY WITHOUT CHANGES
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• Natural Resources Use in Conjunction with Conservation Easements
• Capital Gains Rollover
• Income Taxes, Capital Expensing, and Business Deductions
• Capital Gains
• Social Security Exemption on Conservation Program Payments
• Social Security Exemption on Co-Op Distributions www. NCBA. org NATIONAL CATTLEMEN 19