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Oct. 3, 2022 National Pork Producers Council (NPPC) reports: The Biden administration this week proposed a new regulation related to the buying and selling of livestock. According to USDA's Agricultural Marketing Service, the "Inclusive Competition and Market Integrity Rules," which would be part of the Packers and Stockyards Act (PSA), will "protect farmers and ranchers from abuse." The regulation would: 1. Prohibit certain prejudices and disadvantages against "market vulnerable individuals." 2. Prohibit retaliatory practices that interfere with lawful communications, assertion of rights, participation in associations, and other activities. 3. Identify unlawfully deceptive practices that violate the PSA with respect to contract formation, contract performance, contract termination, and contract refusal. 4. Require regulated entities to keep records, including policies and procedures, staff training and producer information materials, data and testing, and other materials, for the purpose of determining compliance with the rule. The livestock regulation is the second of three USDA has proposed. Earlier, it issued one related to the poultry industry, and a third rule, related to livestock and poultry, will cover "unfair practices, undue preferences, and harm to competition." NPPC is reviewing a draft of the proposed regulation. There will be a 60-day public comment period once the rule is published in the Federal Register. Tweet |
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