Ensuring fair competition in meat and poultry supply chain
By Farms.com
The USDA announced a new proposal to strengthen the Packers and Stockyards Act and ensure fair competition in the meat and poultry supply chain. This initiative aligns with the Biden-Harris Administration's plan for a more competitive and resilient agricultural sector.
The proposed rule clarifies how the USDA will enforce existing regulations against unfair practices harming livestock and poultry producers. This will provide clearer guidelines for both farmers and businesses.
The rule establishes a framework for identifying unfair practices that can negatively impact individual producers and the overall market. This will help ensure farmers receive fair compensation for their products.
Secretary Vilsack highlighted the importance of fair competition for both farmers and consumers. He emphasized the need for transparent market practices to benefit all stakeholders.
The proposed rule is based on past legal cases and established principles to ensure clarity and consistency in enforcement. Public comments will be accepted for 60 days after the official publication.
This proposal represents another step in the USDA's efforts to promote fair competition in the livestock and poultry industries. Previous actions include rules addressing transparency in poultry grower contracts and market manipulation.