S 3229
117th Congress
Senate
Agriculture and Food
Agricultural marketing and promotion
Agricultural prices, subsidies, credit
Civil actions and liability
Contracts and agency
Food industry and services
Government information and archives
Livestock
Mammals
Meat
Cattle Price Discovery and Transparency Act of 2021
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 17, 2021
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Nov 17, 2021
Introduced in Senate
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
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committees of jurisdiction
1