Committee approves Price Reporting Act

by Editor
Thursday, August 05, 2010

The Senate Agriculture, Nutrition and Forestry Committee approved by voice vote the Livestock Mandatory Price Reporting Act, S.3656, which will include the creation of an electronic price reporting program.

The bill will amend the Agricultural Marketing Act of 1946 to require a new electronic price reporting program for dairy products and extend the authority for the Livestock Mandatory Price Reporting program. The next step for the bill will be for it to be considered by the full Senate.