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United States · Bill · S

S. 2021 (107th)

A bill to amend the Packers and Stockyards Act, 1921, to prohibit the use of certain anti-competitive forward contracts.

referredUnited States· United States Congress· EN

Introduced

15 March 2002

Last action

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Packers and Stockyards Act, 1921 respecting livestock producer-packer forward contracts to: (1) require the inclusion of fixed dollar amount base pricing and public bidding; (2) prohibit formula pricing; (3) limit individual contract size; and (4) exclude from the definition of "formula price" futures-based prices and base adjustments resulting from factors outside packer control.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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