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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
Senate Completes Farm Bill
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<blockquote data-quote="Oldtimer" data-source="post: 477807" data-attributes="member: 97"><p><strong>R-CALF USA Fact Sheet</strong></p><p><strong></strong></p><p> <strong></strong></p><p><strong></strong></p><p><strong>Summary of the Senate Prohibition on Packers Owning, Feeding, or Controlling Livestock (Packer Ownership Ban)</strong></p><p></p><p> </p><p></p><p>December 18, 2007</p><p></p><p> </p><p></p><p> </p><p></p><p><strong>Applicability of the Packer Ownership Ban (Section 10207 of the 2007 Senate Farm Bill)</strong></p><p></p><p> </p><p></p><p>Prohibits large meatpacker from owning, feeding, or controlling livestock for more than 14 days prior to slaughter. </p><p> </p><p></p><p>The Packer Ownership Ban does not apply to:</p><p> </p><p></p><p>Contracts between a large packer and a producer for the purchase of livestock in which the producer maintains material participation over the management of the livestock and the farming operation that produces the livestock. </p><p> </p><p></p><p>A processing plant owned by a livestock producer-owned cooperative.</p><p> </p><p></p><p>A packer that slaughters less than 125,000 head annually and, as such, is not required to report the price and quantity of livestock purchased on a daily basis to USDA.</p><p> </p><p></p><p>A packer that owns 1 livestock processing plant.</p><p> </p><p></p><p> </p><p></p><p><strong>Transition Period:</strong></p><p></p><p> </p><p></p><p>For cattle and sheep: The effective date of the Packer Ownership Ban will be six months after the 2007 Farm Bill is signed into law.</p><p> </p><p></p><p>For hogs: The effective date of the Packer Ownership Ban will be 18 months after the 2007 Farm Bill is signed into law.</p></blockquote><p></p>
[QUOTE="Oldtimer, post: 477807, member: 97"] [b]R-CALF USA Fact Sheet Summary of the Senate Prohibition on Packers Owning, Feeding, or Controlling Livestock (Packer Ownership Ban)[/b] December 18, 2007 [b]Applicability of the Packer Ownership Ban (Section 10207 of the 2007 Senate Farm Bill)[/b] Prohibits large meatpacker from owning, feeding, or controlling livestock for more than 14 days prior to slaughter. The Packer Ownership Ban does not apply to: Contracts between a large packer and a producer for the purchase of livestock in which the producer maintains material participation over the management of the livestock and the farming operation that produces the livestock. A processing plant owned by a livestock producer-owned cooperative. A packer that slaughters less than 125,000 head annually and, as such, is not required to report the price and quantity of livestock purchased on a daily basis to USDA. A packer that owns 1 livestock processing plant. [b]Transition Period:[/b] For cattle and sheep: The effective date of the Packer Ownership Ban will be six months after the 2007 Farm Bill is signed into law. For hogs: The effective date of the Packer Ownership Ban will be 18 months after the 2007 Farm Bill is signed into law. [/QUOTE]
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NCBA, R-CALF, COOL, USDA (No Politics!)
Senate Completes Farm Bill
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