The rule was first proposed in June 2010, per congressional direction in the 2008 Farm Bill. Specifically, Congress directed USDA to look at five issues related to production contracts. USDA to Re-Propose GIPSA Rule A number of livestock groups spoke out at a hearing of the House Agriculture Committee’s subcommittee on Livestock and Foreign Agriculture this week (see following item) about USDA’s proposed Grain Inspection Packers and Stockyards Administration (GISPA) marketing rule, which the administration intends to pursue once again. The rule was first proposed in June 2010, per congressional direction in the 2008 Farm Bill. Specifically, Congress directed USDA to look at five issues related to production contracts:
Criteria for dete...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
