Livestock in Farm Bill Debated
High Plains Journal
WASHINGTON (DTN) — The 2007 farm bill has created yet another chance for lawmakers, livestock producers and packers to grapple with the definitions of market control, packer concentration and fair-market practices for the livestock and poultry industries.
Some lawmakers have been vigilant fighters in recent years for a ban on packer ownership of livestock between seven and 14 days prior to delivery to processing facilities. They see this farm bill as a chance to boost the cash markets for livestock producers and establish a “competition title” in the farm bill itself. Already, there are multiple pieces of legislation backing such provisions.
The House Agriculture Subcommittee on Livestock, Dairy and Poultry held a hearing Tuesday on the market structure of the livestock industry. Later this week, the Senate Agriculture Committee will have a similar hearing on the same subject.