US senate agriculture committee advances meat, poultry bills
The bills are an important step towards fairness for farmers
28 June 2022
2 minute read
By: The US Senate Agriculture Committee favourably reported S. 3870, the Meat and Poultry Special Investigator Act of 2022 and S. 4030, the Cattle Price Discovery and Transparency Act of 2022. Both bills will foster much-needed competition in the meat and poultry sector, according to a press release from the National Farmers' Union (NFU).
"For family farmers and ranchers to thrive, they need markets that offer adequate price discovery and transparency," said NFU president Rob Larew. "NFU strongly supports the Cattle Price Discovery and Transparency Act of 2022, which will preserve the cash market as an option for cattle producers by establishing regional minimums for cash trades, and through other provisions. The move to advance the Meat and Poultry Special Investigator Act, on the heels of action by the House Agriculture Committee to do the same, is also a welcome move towards boosting enforcement of competition laws that get to the bottom of abusive market practices."
Larew said the passage of the two bills is an important step towards fairness for farmers.
"I’d like to thank Chairwoman Stabenow for her leadership in supporting and moving these bills forward," he said. "I would also like to thank Senators Fischer, Tester, Grassley, and Wyden for guiding the progress of Cattle Price Discovery and Transparency Act, and greatly appreciate the co-sponsors of each of the bills."
"NFU urges for swift passage of both S. 3870 and S. 4030 by the full Senate," he concluded.
