The U.S. Department of Agriculture (USDA) will host a series of three live educational webinars about USDA’s Livestock Mandatory Reporting (LMR) Program over three consecutive days in June 2021. The free webinars, which will begin on Tuesday, June 8, and continue through Thursday, June 10, 2021, will be held from 6:00 p.m. to 7:30 p.m. Central Time each day. The webinars are part of USDA’s ongoing outreach to the cattle industry conducted by its Cattle and Carcass Training Centers (CCTC). While anyone can register to attend the webinars, they are targeted to cattle producers, feeders and others in the U.S. beef supply chain who want a better understanding of LMR reports, which provide the entire supply chain with critical market intelligence on price trends, as well as supply and demand conditions.
The webinar speakers, including representatives from USDA Market News, an economist from Colorado State University and beef industry professionals, will discuss the LMR reports and highlight the details and valuable data found in the reports, and provide examples of how this data may be applied to facilitate marketing decisions and mitigate risk.
The Agriculture Improvement Act of 2018 (Farm Bill) directed USDA to establish the CCTCs in order to conduct activities that will limit subjectivity in the application of beef grading standards, provide producers with greater understanding of the value of their cattle, and provide investors more confidence in the cattle delivery system. USDA’s Agricultural Marketing Service (AMS) signed agreements in 2019 to establish the CCTCs at West Texas A&M University in Canyon, Tex.; Colorado State University in Fort Collins, Colo.; and at the USDA Agricultural Research Service’s U.S. Meat Animal Research Center in Clay Center, Neb.
More information about how to pre-register, and the dates, times and topics of each webinar in the series are on the AMS website.
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