WASHINGTON — The USDA has announced its third installment of regulatory reforms under the Packers and Stockyards Act, which it says is intended to “level the playing field” for chicken and turkey farmers that sell their animals to processing companies under contract.
Among the updates, USDA notes that this regulation update gives farmers more insight into payment rates, more stability in what is called the “tournament system,” as well as provide for more key information on expectations on capital improvements that the farmer needs to make to maintain or renew contracts.
“During my time as Secretary of Agriculture, time. . .
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