The comment period on the proposed GIPSA regulations ends in six days, on November 22, 2010. These rules- if finalized- would drastically change the way that producers, packers, dealers and contractors raise, buy, and sell livestock and poultry. According to an Informa Economics study sponsored by the National Cattleman’s Beef Association, the National Pork Producers Council, the National Chicken Council and American Meat Institute, the proposed regulations would cost the U.S. meat industry indirect losses of “1.34 billion annually, including one-time costs of $136 million, and annual costs of $169 million.”
To read the Reuters article, click here.
To read the study, click here.
For an overview of the proposed rules, compiled by the National Agricultural Law Center, click here.
To read the proposed rules, click here.
Posted: 11/16/2010
