Source: MORNING AG CLIPS, 3/16/20

A rule proposed by the U.S. Department of Agriculture (USDA) would undermine the intent of the Packers and Stockyards Act, according to comments submitted by National Farmers Union (NFU) President Rob Larew. Established in 1921, the Packers and Stockyards Act exists to “to assure fair competition” in the livestock, meat, and poultry industries and “to safeguard farmers and ranchers. . .from unfair, deceptive, unjustly discriminatory and monopolistic practices.” The rule in question, which outlines criteria for determining if a company has shown “undue or unreasonable preferences ...

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