3.0.0 949 2023-01-11T13:47:35Z 2023-01-11T13:47:35Z Senate S 2021-03-24 117 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2021-03-24T19:38:13Z 2021-03-24 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (Sponsor introductory remarks on measure: CR S1769-1770) IntroReferral 2021-03-24 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2021-03-24 True H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2021-03-24 True S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2021-03-24 True E000295 Sen. Ernst, Joni [R-IA] Joni Ernst R IA 2021-03-24 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2021-03-24 True R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD 2021-03-24 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2021-03-24 True D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT 2021-03-24 True H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2021-05-17 False Agriculture and Food Agricultural marketing and promotion Agricultural prices, subsidies, credit Livestock Meat Agriculture and Food 00 2021-03-24 Introduced in Senate 2021-04-26T18:41:22Z This bill establishes that a minimum of 50% of a covered packer's weekly volume of livestock slaughter must be purchased through spot market sales from nonaffiliated producers. (The term covered packer applies to a packer that is required to report to the Department of Agriculture each reporting day information on the price and quantity of livestock purchased by such packer and does not include a packer that owns only one livestock processing plant.)

A spot market sale is a purchase and sale of livestock by a packer from a producer under (1) an agreement that specifies a firm base price that may be equated with a fixed dollar amount on the date the agreement is entered into, (2) which the livestock are slaughtered not more than 14 days after the date on which the agreement is entered into, and (3) circumstances in which a reasonable competitive bidding opportunity exists on the date on which the agreement is entered into.

]]> A bill to amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers. Display Title A bill to amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers. Official Title as Introduced A bill to amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers. Introduced in Senate IS Introduced in Senate 2021-03-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s949is/xml/BILLS-117s949is.xml 2021-03-24 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (Sponsor introductory remarks on measure: CR S1769-1770) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.