Bipartisan Effort Champions Research Into Livestock Consolidation

On the heels of the Cattle Price Discovery and Transparency Act, U.S. Senators Randy Feenstra (R-IA) and Elissa Slotkin (D-MI) have introduced legislation to spur further research into livestock consolidation. The Livestock Consolidation Research Act would direct USDA to study the impact of consolidation on farmers and producers.

Feenstra says the legislation includes beef, dairy, pork and poultry, as well as broilers, eggs and turkeys. The effort complements the Cattle Price Discovery and Transparency Act, which sets mandatory minimum cash purchases by the Big Four packers and establishes approved pricing mechanisms.

Read more on livestock industry consolidation research here.