Price Reporting Act Reauthorized; Vet Bill Passes

September 15, 2010

Contact: Dave Warner 202-347-3600

Washington, D.C., September 15, 2010 – The National Pork Producers Council today applauded the House for approving legislation to reauthorize the law requiring meat packers to report to the U.S. Department of Agriculture the prices they pay producers for animals.

The legislation, which previously was approved by the Senate, now goes to the president to be signed into law. It reauthorizes for five years the Livestock Mandatory Reporting Act, which was set to expire Sept. 30, and includes new provisions requiring weekly reporting of pork exports – by price and volume – and of wholesale pork cuts.

“We applaud House passage of legislation reauthorizing the mandatory price reporting law,” said NPPC President Sam Carney, a pork producer from Adair, Iowa. “And the addition of export and wholesale cuts reporting will further help producers like me make business and production decisions.

“The Livestock Mandatory Reporting Act is what provides transparency and certainty in the livestock markets and allows competition to thrive,” Carney said. “The new provision for wholesale pork reporting will make pricing data more fully reflect the marketplace today. The pork industry has changed since the reporting act was first adopted in 1999.”

Carney praised House Agriculture Committee members Chairman Collin Peterson, D-Minn.; Ranking Member Frank Lucas, R-Okla.; David Scott, D-Ga., chairman of the livestock subcommittee; and Randy Neugebauer, ranking member of the livestock subcommittee, for their leadership on the issue. In the Senate, Agriculture Committee Chairwoman Blanche Lincoln, D-Ark., and Ranking Member Saxby Chambliss, R-Ga., led the fight to reauthorize the reporting act.

NPPC now is urging USDA to move quickly to develop a system for the wholesale pork cuts and pork exports reporting.

Also approved today in the House was the “Veterinarian Services Investment Act,” sponsored by Rep. Adrian Smith, R-Neb., which would direct the Secretary of Agriculture to establish a grant program to “develop, implement and sustain” veterinary service to help relieve a shortage of veterinarians, particularly large animal veterinarians. The program would include recruitment efforts and financial aid for veterinary students. The measure was strongly supported by NPPC, which also is backing a companion Senate bill, S. 3621.

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NPPC is the global voice for the U.S. pork industry, protecting the livelihoods of America’s 67,000 pork producers, who abide by ethical principles in caring for their animals, in protecting the environment and public health and in providing safe, wholesome, nutritious pork products to consumers worldwide. For more information, visit www.nppc.org