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The bill is called "Livestock Marketing Fairness Act" (S.1086) and it will do just that. Currently, a number of anti-competitive practices by multinational meatpackers make it very difficult for independent farmers and ranchers to sell their livestock at fair prices. If I understand things right, this bill gives HALF of what we've been asking for when we've been calling for a "packer ban" on a practice known as captive supply. It doesn't actually ban it, but it sets some ground rules that are much more fair. And if this is all we can get passed now, I say let's take it - and then keep working for the rest of what we need the day after this passes.
In a recent press release on it, R-CALF says:
R-CALF USA wants to publicly thank the following bipartisan group of senators who introduced the Livestock Marketing Fairness Act this week that is designed to stop years of unfair abuse of the Packer and Stockyards Act of 1921 (PSA) by the multinational meatpackers that manipulate the markets in a way that disadvantages independent U.S. cattle producers: Sen. Mike Enzi, R-Wyo.; Sen. Byron Dorgan, D-N.D.; Sen. Chuck Grassley, R-Iowa; and, Sen. Tim Johnson, D-S.D.
If you don't see your Senators listed there, give them a call. More below...
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