CATTLE RAISERS COMMUNITY
Resolutions TSCRA committee members reviewed existing as-
sociation policies and considered new policies at the 2016 Policy Conference. Outdated policies were sunset, several policies were renewed and a new resolution from the Animal Health Committee was passed by the board of directors. Find the TSCRA Policy Handbook in the Member Center at
tscra.org.
The TSCRA committee structure includes special groups that are formed as needed to address current issues. TSCRA Director Jay Evans, Austin, second from right, chairs the Water Subcommittee, which is within the Natural Resources and Wildlife Committee. From left are committee members Joseph Fitzsimons, San Antonio; Joe Parker, Byers; Evans; and Jason Skaggs, TSCRA executive director of government and public affairs.
TSCRA Second Vice President Hughes Abell, Austin, wel-
comed Cattle Raisers and friends to the Policy Conference.
Cash Settlement of Live Cattle Contracts (MKT-20) WHEREAS, TSCRA members support viable futures exchanges with low market volatility and consistent basis to facilitate effective risk management opportu- nities for the livestock industry; and WHEREAS, use of a cash settlement process in a con- centrated market structure could expose a Live Cattle cash settlement index to possible manipulation and additional volatility; and WHEREAS, variable timing, availability, and accuracy of reports of cash market trades used in a Live Cattle cash settlement index could create additional volatil- ity; and WHEREAS, the Live Cattle delivery process serves to promote convergence of cash and futures prices and produce a more consistent basis; now, therefore, be it RESOLVED, that TSCRA oppose any changes by the CME Group that would create a cash settlement pro- cess for Live Cattle; and, be it further RESOLVED, that TSCRA oppose any contract changes which would adversely affect a cattle producer’s abil- ity to deliver on Live Cattle contracts. New 9/30/2016
David LeBas, left, with Naman Howell Smith and Lee PLLC, was the featured speaker at the Marketing and Transporta- tion Committee meeting. He was welcomed by Chairman Tim Pennell, Westhoff.
22 The Cattleman December 2016
Beef Sustainability (NRW-33) WHEREAS, the U.S. beef supply chain continues to make efforts to improve the beef industry for future generations; and WHEREAS, these improvements protect natural re- sources, promote economic well-being for the beef industry, and provide both human health benefi ts and social value; and WHEREAS, a sustainable U.S. beef industry is one in which the full value chain is able to balance economic viability, environmental stewardship and social re- sponsibility while meeting the growing global demand for beef; now, therefore, be it RESOLVED, that in order to ensure the beef industry’s leadership role in the growing global conversation about the topic of sustainably produced beef, TSCRA supports the following:
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