This is Megan Silveira, assistant editor for the Angus Journal, with the June 20, 2022, update from the AJ Daily. Today’s update contains an opportunity to attend a tour of a foodservice distributor during Feeding Quality Forum and comments from the National Cattlemen’s Beef Association and American Farm Bureau Federation about a proposed SEC climate rule.

Where Does Beef Go When it Leaves the Packer?

Adapted from a release by Certified Angus Beef LLC

Ever wondered how food makes its way across the country after it leaves the packer? Wheels up for a tour of Sysco Kansas City at this year’s Feeding Quality Forum. It’s an inside look at a foodservice distributor licensed to sell the Certified Angus Beef® brand. Come along inside one of the key players in the supply chain to see how beef gets to restaurants and how they leverage premium brands with their customers. 

Did we mention this is free with registration? We’re limited to 45 guests, so check the box for the Sysco Kansas City tour during the registration process to sign up. 

To view the entire conference agenda, registration options and more, visit FeedingQualityForum.com.

National Cattlemen’s Beef Association Fights Controversial Securities and Exchange Commission Climate Rule 

Adapted from a release by the National Cattlemen’s Beef Association

On June 17 the National Cattlemen’s Beef Association filed comments on the U.S. Securities and Exchange Commission’s controversial proposed greenhouse gas disclosure rule. The rule would require publicly traded companies to disclose their direct (scope 1), energy/electricity consumption (scope 2), and supply chain emissions (scope 3), creating a burden on cattle producers who supply beef to publicly traded processors, restaurants and retailers. 

National Cattlemen’s Beef Association President Don Schiefelbein, a cattle producer from Kimball, Minn., says, “With cattle producers facing record inflation, rising input costs and labor shortages, another bureaucratic rule from Washington is a burden we cannot afford. Policymakers should be focused on lowering costs and solving the real problems facing farmers and ranchers, not creating more complex rules that require a team of lawyers to understand.” 

To read more, go to ncba.org. 

Proposed Securities and Exchange Commission Rule Requirements Nearly Impossible for Family Farms 

Adapted from a release by the American Farm Bureau Federation

The American Farm Bureau Federation warned the Securities and Exchange Commission June 17 about the consequences to rural America of the Securities and Exchange Commission’s proposed rule, “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” The proposal would require public companies to report on Scope 3 emissions, which are the result of activities from assets not owned or controlled by a publicly traded company but contribute to its value chain. While farmers and ranchers would not be required to report directly to the Securities and Exchange Commission, this regulation would impose additional burdens as they provide almost every raw product that goes into the food supply chain.

For more information, go to fb.org. 

The AJ Daily is compiled by Paige Nelson, field editor for theAngus Journal. For more Angus news, visit angusjournal.net.