Sen. Rounds, Colleagues Introduce Bipartisan Bill to Increase Transparency in Cattle Pricing
May 13, 2020
May 13, 2020
WASHINGTON, May 13 -- Sen. Mike Rounds, R-South Dakota, issued the following news release:
U.S. Sen. Mike Rounds (R-S.D.) joined U.S. Sen. Chuck Grassley (R-Iowa) and five other senators to introduce legislation to foster efficient markets while increasing competition and transparency among meat packers who purchase livestock directly from producers. This bill will require that a minimum of 50 percent of a meat packer's weekly volume of beef slaughter be purchased on the open or spo . . .
U.S. Sen. Mike Rounds (R-S.D.) joined U.S. Sen. Chuck Grassley (R-Iowa) and five other senators to introduce legislation to foster efficient markets while increasing competition and transparency among meat packers who purchase livestock directly from producers. This bill will require that a minimum of 50 percent of a meat packer's weekly volume of beef slaughter be purchased on the open or spo . . .