CBB Committee Approves FY21 Beef Checkoff Plan of Work
USAgNet - 09/16/2020
The Cattlemen's Beef Board will invest approximately $39,380,000 into programs for beef promotion, research, consumer information, industry information, foreign marketing and producer communications during fiscal 2021, subject to USDA approval.
At the end of its September 9-10 meeting in Denver, Colorado, the Beef Promotion Operating Committee (BPOC) approved checkoff funding for a total of 13 "Authorization Requests" - or grant proposals brought by nine contractors for the fiscal year beginning October 1, 2021. The committee includes 10 producers from the Cattlemen's Beef Board and 10 producers from the Federation of State Beef Councils.
Nine contractors brought a total of $47,725,121 worth of funding requests to the BPOC this week, nearly $8,345,121 more than the funds available from the CBB budget.
"Producers drive all the decisions that the BPOC makes during these important meetings," said CBB and BPOC Chair Jared Brackett. "Cattlemen and women from across the U.S. and importers carefully consider every proposal to determine where we should spend these Checkoff dollars with one primary goal in mind - increasing beef demand to provide producers with the best possible value for their Checkoff investments.
"Once again, our contractors came to these meetings with some incredibly innovative ideas and projects. As always, it's a real challenge to balance the budget and distribute our limited amount of Checkoff dollars to these contractors in a way that we believe will best drive beef demand. I personally thank all our contractors and committee members for dedicating considerable time and effort to continue moving the beef industry forward."
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