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Cattle Market Transparency Act of 2020

USA116th CongressHR-8557| House 
| Updated: 10/9/2020
Vicky Hartzler

Vicky Hartzler

Republican Representative

Missouri

Agriculture Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Cattle Market Transparency Act of 2020 This bill directs the Department of Agriculture (USDA) to establish and maintain a library or catalog of each type of contract offered by packers to producers for the purchase of all or part of the production of fed cattle (including cattle that are purchased or committed for delivery). Fed cattle means a steer or heifer that has been feeding on a ration of roughage and feed concentrates prior to slaughter, including grains, protein meal, grass, and other nutrient-rich feeds. USDA must create and maintain a publicly available library of the types of contracts that are being offered by packers to, and are open to acceptance by, producers for the purchase of fed cattle. Additionally, USDA must also establish regional mandatory minimum thresholds to enhance price discovery and transparency for cattle market participants. Further, the bill revises daily reporting requirements for packer processing plants by requiring them to include the number of cattle scheduled to be delivered for slaughter each day for the subsequent 14 days.
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Timeline
Sep 22, 2020

Latest Companion Bill Action

S 116-4647
Introduced in Senate
Oct 9, 2020
Introduced in House
Oct 9, 2020
Referred to the House Committee on Agriculture.
  • September 22, 2020

    Latest Companion Bill Action

    S 116-4647
    Introduced in Senate


  • October 9, 2020
    Introduced in House


  • October 9, 2020
    Referred to the House Committee on Agriculture.

Agriculture and Food

Related Bills

  • S 116-4647: Cattle Market Transparency Act of 2020
Administrative law and regulatory proceduresAgricultural prices, subsidies, creditBusiness recordsContracts and agencyDepartment of AgricultureGovernment information and archivesLivestockMeatRight of privacy

Cattle Market Transparency Act of 2020

USA116th CongressHR-8557| House 
| Updated: 10/9/2020
Cattle Market Transparency Act of 2020 This bill directs the Department of Agriculture (USDA) to establish and maintain a library or catalog of each type of contract offered by packers to producers for the purchase of all or part of the production of fed cattle (including cattle that are purchased or committed for delivery). Fed cattle means a steer or heifer that has been feeding on a ration of roughage and feed concentrates prior to slaughter, including grains, protein meal, grass, and other nutrient-rich feeds. USDA must create and maintain a publicly available library of the types of contracts that are being offered by packers to, and are open to acceptance by, producers for the purchase of fed cattle. Additionally, USDA must also establish regional mandatory minimum thresholds to enhance price discovery and transparency for cattle market participants. Further, the bill revises daily reporting requirements for packer processing plants by requiring them to include the number of cattle scheduled to be delivered for slaughter each day for the subsequent 14 days.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 22, 2020

Latest Companion Bill Action

S 116-4647
Introduced in Senate
Oct 9, 2020
Introduced in House
Oct 9, 2020
Referred to the House Committee on Agriculture.
  • September 22, 2020

    Latest Companion Bill Action

    S 116-4647
    Introduced in Senate


  • October 9, 2020
    Introduced in House


  • October 9, 2020
    Referred to the House Committee on Agriculture.
Vicky Hartzler

Vicky Hartzler

Republican Representative

Missouri

Agriculture Committee

Agriculture and Food

Related Bills

  • S 116-4647: Cattle Market Transparency Act of 2020
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAgricultural prices, subsidies, creditBusiness recordsContracts and agencyDepartment of AgricultureGovernment information and archivesLivestockMeatRight of privacy