HR 5992
117th Congress
House
Agriculture and Food
Cattle Price Discovery and Transparency Act of 2021
Introduced: November 17, 2021
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 2021
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Nov 17, 2021
Referred to the House Committee on Agriculture.
Nov 17, 2021
Introduced in House
Plain-English summary
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's happening now
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Committees of jurisdiction
2