Spending Beef Checkoff Dollars
With your Southeast Regional Ag News, I am Haylie Shipp. This is the Ag Information Network.
The Cattlemen’s Beef Board will hold its Beef Promotion Operating Committee meeting in Denver on September 6-7. The Committee consists of 20 cattle producers- ten from the beef board and ten from the federation. Chairman of the Cattlemen’s Beef Board and Oklahoma Rancher, Jimmy Taylor, says they come together to decide which projects will be funded for fiscal year 2024, which starts October first…
“Our funding is a little less each year because of inflation. A dollar in 1985 is worth 35 cents today, so we don’t have the buying power that we had when this program first started. So, every year, we are eight to ten million dollars short on what projects we can do and what money we have available. This year, it is actually 12 million dollars that we are short.”
Being short on funding means some difficult decisions will be made, Taylor says, as the projects are competitive…
“We’ve got approximately $36 million to work with for programs, we’ve got $49 million in requests.”
Once the Operating Committee comes up with an overall proposal- the full Beef Board will vote on approval and then that will be forwarded to USDA for their approval to comply with the act and the order under which the Beef Checkoff operates.
