By KELLY MURPHY, Associated Press Agricultural economists say that with a few tweaks, the meat industry could see a huge boost in sales and profits, particularly for people in rural areas.
They are also pushing for legislation to create new incentives for farmers to spend money on research and development to boost productivity and reduce animal suffering.
A new report by the U.S. Department of Agriculture (USDA) and the American Meat Institute estimates that beef and pork could be worth $100 billion a year by 2050.
Those gains would be huge for many people, especially those in rural parts of the country, said Paul DeMarco, an agricultural economist at the University of Texas, Austin.
Farmers, for example, could spend more on training, fertilizer and other plantings, he said.
DeMarco is among a group of researchers who are working on a new version of the UAW’s Animal Welfare Act, which would allow for new incentive programs that could be used to help beef and other beef producers make a big jump in sales.
The new law would also allow farmers to invest in new technologies and other equipment, like more efficient irrigation systems and feed storage.
It would also create a program that allows the government to collect and spend animal welfare fees for the first time.
“These are all very good ideas, but they are just the first steps,” said DeMarco.
“We really need to have legislation that allows us to make real changes to the economy and the agriculture sector.”
Beef and pork were the two biggest beef producers in the country in the first quarter of this year, according to the USDA.
But beef prices are down a lot and pork prices are rising.
DeLucas estimates that with about $300 million in incentives for producers, that could increase meat production by more than 15% by 2050 and double it in just two years.
That’s a huge opportunity for beef and the poultry sector, which are the two largest pork producers.
“A lot of these incentives can be used on both sides of the border,” DeMarco said.
The UAW and other farmers groups are pushing to push through a new bill to create a new program that would allow farmers who invest in research to get tax credits for their investments.
“The bill we’re introducing today is a way for producers to invest more in research, and that can have an impact on their price and profit,” said David Hargrove, president of the National Association of Beef Producers.
But the bill has been blocked by Republicans in Congress and a White House that has been trying to weaken the law.
“It is a piecemeal approach, a piece of legislation that would take the meat sector off the table, and it is being blocked by Congress,” said Michael DeBonis, a spokesman for Sen. Ron Wyden, a Democrat from Oregon.
The bill also would allow USDA to issue grants to help farmers invest in plantings and equipment.
The money would be used for research, equipment and training.
“With these incentives, we could be making $200 billion in savings by 2050, which is more than the amount of meat produced in the U.”
Beef farmers in some states are also lobbying for their incentives to be eliminated.
“I think that is a big waste of taxpayer money,” said Bob Hurd, president and CEO of the Humane Society of the United States.
“Agriculture has always been about people and not animals, so there is no place in our economy for animal cruelty.” “
If we don’t change our mindset, it is going to be a long, hard road ahead,” Hurd said.
“Agriculture has always been about people and not animals, so there is no place in our economy for animal cruelty.”
DeMarco believes there are some good incentives that could help beef farmers, but the bill is too small and too weak.
“There is no good incentive that can go on forever,” he said, adding that the bill “doesn’t address any of the things that are really important to people who are trying to get meat.”
The U.N. estimates that about 70% of beef cattle and about half of pork and poultry are killed for food.
It says that between the United Nations’ Food and Agriculture Organization and the World Wide Fund for Nature, about one billion people in the world live on less than $2.25 a day.
And the UMWF says that a large share of the world’s cattle and pig population are in poor health.
The meat industry is still reeling from the slaughter of 2.5 million pigs in China last year, and the UNAIDS estimates that the global slaughter of pigs could be as high as 10 million in the next decade.
But DeMarco and others say there is a silver lining to the situation.
“People are trying,” DeLucis said.
And it is the farmers who are making that money, he added.
“Farmers are not only responsible for that, they are making the difference.”
DeLucias report comes after several