November 2010 Articles

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Increase Fairness in the Marketing of Livestock and Poultry

Statement by Bob Stallman, President, American Farm Bureau Federation, Regarding Proposed Rule to Increase Fairness in the Marketing of Livestock and Poultry Source: www.fb.org WASHINGTON, D.C., June 18, 2010 – “The American Farm Bureau Federation is pleased with the proposed rule issued today by the Agriculture Department’s Grain Inspection, Packers and Stockyards Administration (GIPSA) dealing with competition in the livestock and poultry industries. “For too long producers have had to bear the financial hardship of being at the whim of production contractors, resulting in inequality in production practices, increasing losses and decreasing profitability. The GIPSA proposed rule would level the playing field.” “Farm Bureau is particularly supportive of the sections on capital investment, which would reduce requirements for new investments in modifications of farm buildings. These continuous modifications keep producers in debt and minimize their ability to negotiate reasonable contracts. Farm Bureau believes the contracting companies should justify the mandatory modification of facilities and this proposed rule would require for that justification.”