Final Pork Reporting Rule Released and Published
The U.S. Agricultural Marketing Service released a final rule implementing mandatory pork price reporting at the wholesale level this week – which was published in the Federal Register Wednesday. The National Pork Producers Council worked to get the reporting provision included in legislation reauthorizing the Livestock Mandated Reporting Act and is grateful for USDA’s cooperation in helping develop this tool for pork producers – according to NPPC President R.C. Hunt. Hunt says this addition to the price reporting law allows for a more competitive market and will provide greater transparency in the livestock market. The rule will become effective on January 3rd.