Senate Bill 3229
117th Congress(2021-2022)
Cattle Price Discovery and Transparency Act of 2021
Introduced
Introduced in Senate on Nov 17, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3229
Congress
117
Policy Area
Agriculture and Food
Agriculture and Food
Primary focus of measure is agricultural practices; agricultural prices and marketing; agricultural education; food assistance or nutrition programs; food industry, supply, and safety; aquaculture; horticulture and plants. Measures concerning international trade in agricultural products may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Cattle Price Discovery and Transparency Act of 2021
This bill requires the Department of Agriculture (USDA) to take various actions to address transparency in pricing and contract terms in the cattle industry.
Among these requirements, USDA must (1) establish regional minimum percentages of cattle that meat packers must procure through negotiated purchases or negotiated grid purchases (i.e., transactions where the price is known and negotiated at the time of the transaction), and (2) maintain a publicly available catalog of contracts offered by meat packers to livestock producers for the purchase of fed cattle.
November 17, 2021
11/17/2021
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
11/17/2021
Introduced in Senate
Public Record
Record Updated
Sep 5, 2023 1:48:53 PM