(AUGUST 24, 2021) – On Tuesday, the U.S. Department of Agriculture (USDA) issued a new Frequently Asked Questions (FAQ) document related to the enforcement of “undue and unreasonable preferences” under the Packers and Stockyards Act.
The FAQ document explains how USDA will address the December 2020 final rule on undue preferences (read the final rule HERE).
The announcement comes before two expected proposed rulemakings on the Packers and Stockyards Act, which were first published in the Spring 2021 Unified Regulatory Agenda. The first proposed rulemaking will clarify the scope of the Act, while the second will address unfair practices that violate the Act.
USCA has, and will continue, to work with senior staff and leadership at the USDA Agricultural Marketing Service to advance policies that not only clarify the scope of the Act, but also strengthen enforcement of violations.
Interested in being a part of those discussions? Join USCA’s Marketing & Competition Committee, which meets regularly to bring forward regulatory and legislative reforms that increase transparency and true price discovery in the marketplace. Contact us for more information.
