CTA Back in Effect and EU Deforestation Delay Reprieve for U.S. Cattlemen
**The National Cattlemen’s Beef Association is reminding all producers that the Corporate Transparency Act filing requirements are back in effect.
A recent court of appeals decision reversed an injunction that had stopped the mandate.
NCBA Executive Director, Kent Bacus says the CTA requires millions of family farmers and ranchers to file complex paperwork and disclose beneficial ownership information with the federal government under penalty of severe fines and jail time.
Enforcement resumes next Monday, January 13th.
**The European Parliament voted to delay implementation of a deforestation regulation for a year, a reprieve for U.S. cattlemen.
The rule requires imports of beef to include documentation showing they did not come from areas impacted by deforestation, including geolocation data of where the cattle were raised.
The U.S. Meat Export Federation’s Erin Borror says deforestation is not a concern for U.S. beef, yet America’s producers are faced with burdensome and unnecessary paperwork.
**2024 Dairy checkoff initiatives successfully increased dairy access in schools, expanded market share for U.S. dairy products domestically and internationally and supported its commitment to sustainability.
Dairy Management President and CEO Barbara O’Brien says the checkoff is working and achieving a lot in building its next chapter.
She outlined the “Now, Next, and Future” checkoff strategies, along with its InnovateWithDairy.com tool to help spur industry innovation.