Livestock Biz Gets USDA Honesty Check via Comment Request
Published Date: 4/25/2025
Notice
Summary
The Department of Agriculture is asking for public feedback on a paperwork update that helps protect farmers and ranchers from unfair business practices. This update affects livestock and poultry producers who sell animals for meat, aiming to keep things fair and clear. Comments are open for 30 days after the notice, so don’t miss your chance to weigh in!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Protections for Livestock and Poultry Producers
The Agricultural Marketing Service says the information collection helps the Packers and Stockyards Division protect livestock and poultry producers from unfair, discriminatory, deceptive, or anti-competitive practices. PSD uses data such as number of head purchased and purchase costs to check bonding adequacy and solvency and to support oversight and public reporting under the Packers and Stockyards Act.
Reporting Burden on Livestock Businesses
If you are a business regulated under the Packers and Stockyards Act, you may need to fill out forms and keep records for the Fair-Trade Practices Program. The notice lists 11,320 business respondents with a combined paperwork burden of 49,339 hours and indicates reporting/recordkeeping can occur on occasion, semi-annually, or annually under OMB Control Number 0581-0308.
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Key Dates
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Previous / Next Documents
Previous: 2025-07162, Information Collection Being Reviewed by the Federal Communications Commission Under Delegated Authority
The FCC is checking in with the public and agencies to make sure its paperwork isn’t too much of a hassle. They want to know if the info they collect is useful, clear, and easy to provide—especially for small businesses. This review helps keep things smooth and fair, with no penalties if the right approval number isn’t shown.
Next: 2025-07167, Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service (IRS) Information Collection Requests
The IRS is asking for approval to keep collecting some important tax info from people and businesses. If you deal with taxes, this means you might see some forms or questions soon, but no big changes or extra costs are expected. You’ve got a chance to share your thoughts before the government gives the green light!