The rule was first proposed in June 2010, per congressional direction in the 2008 Farm Bill. Specifically, Congress directed USDA to look at five issues related to production contracts. USDA to Re-Propose GIPSA Rule A number of livestock groups spoke out at a hearing of the House Agriculture Committee’s subcommittee on Livestock and Foreign Agriculture this week (see following item) about USDA’s proposed Grain Inspection Packers and Stockyards Administration (GISPA) marketing rule, which the administration intends to pursue once again. The rule was first proposed in June 2010, per congressional direction in the 2008 Farm Bill. Specifically, Congress directed USDA to look at five issues related to production contracts:
Criteria for dete...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
