The chairman and ranking member, of the Agriculture Committee’s Livestock, Dairy, and Poultry Subcommittee, in a hearing said they are troubled that the proposed rule amending the Packers and Stockyards Act (PSA) goes beyond the congressional intent of the 2008 Farm Bill. The legislation authorized USDA’s Grain Inspection, Packers and Stockyards Administration (GIPSA) to issue rules clarifying certain provisions of the PSA and implementing new ones related to capital investments, arbitration and poultry contracts.
Agriculture Committee Chairman Collin Peterson, D-Minn., who attended the hearing, and other subcommittee members also voiced concerns with the broad scope of the rule and its likely adverse effects on the livestock and poultry industries. The 2008 Farm Bill pointed out that Congress chose not to act on some proposals now included in the GIPSA rule because
it would disrupt and destroy the U.S. livestock industry.
Panel members also expressed concern that GIPSA – so far – has refused to extend for the “most significant regulation on livestock markets in nearly 100 years” the 60-day period for submitting comments on the rule. The current deadline is Aug. 23.