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United States · Bill · S

S. 960 (109th)

Captive Supply Reform Act

referredUnited States· United States Congress· EN

Introduced

28 April 2005

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

10 February 2026

Summary

Captive Supply Reform Act - 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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Documents

3 official files

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Sources

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