USDA Says 'Never Mind' to Fair Livestock Markets Rule
Published Date: 1/16/2025
Proposed Rule
Summary
The USDA has decided to stop the proposed rule called "Fair and Competitive Livestock and Poultry Markets" that aimed to define and prevent unfair practices in livestock and poultry markets. This affects farmers, ranchers, and meat packers who were expecting clearer rules to protect fair competition. The withdrawal means no new changes or costs will happen right now, and the proposal is officially off as of January 16, 2025.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Proposed Rule Withdrawn Jan 16, 2025
The USDA Agricultural Marketing Service withdrew the proposed "Fair and Competitive Livestock and Poultry Markets" rule, which was published June 28, 2024, and the withdrawal is effective January 16, 2025. This means the proposed new regulation defining unfair practices under the Packers and Stockyards Act will not take effect now.
Existing P&S Act Enforcement Continues
The withdrawal states it does not change the Department's interpretation of its authority and does not affect existing legal requirements or policies; AMS will continue to apply existing statutory and regulatory requirements and administer the Packers and Stockyards Act on a case-by-case basis. The agency received 13,241 public comments on the proposal during the 75-day comment period that closed September 11, 2024.
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