The U.S. Department of Agriculture announced a third installment in regulatory reforms to the Packers and Stockyards Act. Ag Secretary Tom Vilsack said this third change, in combination with the others, is intended to level the playing field for farmers raising livestock under contract or for sale to meat and poultry processing companies.
The third and final rule change will make it harder for companies to arbitrarily reduce a producer’s base pay under the tournament system.
Vilsack said the new rule also gives producers access to important information.
For more information, visit usda.gov.
