Cattle Price Discovery and Transparency Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Nov 17, 2021)
Cattle Price Discovery and Transparency Act of 2021
This bill requires the Department of Agriculture (USDA) to take various actions to address transparency in pricing and contract terms in the cattle industry.
Among these requirements, USDA must (1) establish regional minimum percentages of cattle that meat packers must procure through negotiated purchases or negotiated grid purchases (i.e., transactions where the price is known and negotiated at the time of the transaction), and (2) maintain a publicly available catalog of contracts offered by meat packers to livestock producers for the purchase of fed cattle.
What just happenedDec 2, 2021
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Who’s behind it
- Introduced in HouseNov 17, 2021
- Dec 2, 2021Committee
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Livestock, Dairy, and Poultry Subcommittee - Nov 17, 2021IntroReferralH11100
Referred to the House Committee on Agriculture.
Agriculture Committee - Nov 17, 2021IntroReferralIntro-H
Introduced in House
- Nov 17, 2021IntroReferral1000
Introduced in House