USDA proposed to rescind three regulations under the Packers and Stockyards Act, to which National Farmers Union President Rob Larew says he is “deeply concerned.” The three regs are related to transparency in poultry production contracts and payments, market integrity – certain unfair practices can violate the Packers and Stockyards Act even without proof, and requirements around detail and payment disclosure when requiring growers to make significant capital investments. “The Trump administration has rightly pointed to consolidation and monopoly power as a driver of higher consumer prices and tighter margins for farmers and ranchers,” Larew says. “But that acknowledgement must be reinforced by strong rules to protect farmers and increase fairness and competition in livestock and poultry markets. We hope the administration stands up for family farmers by strengthening these protections, not rolling them back.” Larew says NFU will keep fighting to ensure these protections stay in place and urges USDA to reverse course.
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