Today, the Biden Administration issued an Advanced Notice of Public Rulemaking (ANPR) on Price Discovery and Transparency in Markets for Fed Cattle. This is the fifth livestock and poultry market regulation put forth under the Packers and Stockyards Act (P&SA) and under the Biden Executive Order on Promoting a Competitive Economy.
Transparency in Poultry Grower Contracting and Tournaments, made final on 28 November 2023 Inclusive Competition and Market Integrity Under the P&SA made final on 6 March 2024 Poultry Grower Payment Systems and Capital Improvement Systems, comment period closed 9 August 2024 Fair and Competitive Livestock and Poultry Markets, comment period closed on 11 September
The ANPR was announced today and d...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...