Search Results for keywords:"Packers and Stockyards Act"

The Agricultural Marketing Service is seeking public comments on an extension and revision of an existing information collection under the Packers and Stockyards Act. This information helps monitor the livestock, meat packing, and poultry industries and ensures entities are complying with financial and trade practices. Comments are being accepted until January 31, 2025, and the public can provide input on the necessity, utility, and methods of this data collection. The agency estimates that participating in this collection will require an average of 1.73 hours per response from various stakeholders like livestock auction markets and meat packers.

The Department of Agriculture is seeking public comments on an information collection requirement related to rules and reporting for the livestock and poultry industries, as mandated by the Packers and Stockyards Act. The Agricultural Marketing Service (AMS) collects this data to monitor practices in these industries and ensure fairness, preventing deceptive or anti-competitive actions. Public comments are invited until March 26, 2021, and interested individuals can submit feedback on the federal website indicated. The collection involves significant recordkeeping and affects businesses, with over 15,000 respondents expected to comply.

The United States Department of Agriculture's Agricultural Marketing Service has issued a final rule aiming to make payments to poultry growers fairer. This rule under the Packers and Stockyards Act prohibits certain unfair practices used by live poultry dealers, especially in the competitive systems that determine how much growers are paid. It also requires dealers to provide more information to growers before asking them to invest in expensive farm updates, helping to reduce confusion and unfair advantage. Overall, the rule strengthens transparency, fairness, and accountability in the industry.

The United States Department of Agriculture's Agricultural Marketing Service has decided to withdraw the proposed "Fair and Competitive Livestock and Poultry Markets" rule. This decision comes after receiving significant public feedback, with 13,241 comments during a 75-day comment period. Although the rule aimed to address unfair practices in livestock and poultry markets, the agency believes withdrawing it allows for reevaluation and further stakeholder engagement. The withdrawal does not change the agency's authority or existing legal requirements under the Packers and Stockyards Act.