USDA Announces Extension of Comment Period on Proposed Packers & Stockyards Rule, »Inclusive Competition and Market Integrity According to the Law on Stockholders and Stableyards, 45 days.
Earlier, a group of 100 members of the House of Representatives sent a bipartisan letter to Agriculture Secretary Tom Vilsack asking for a 180-day comment period on the proposed rule.
According to members, the proposed rule “would have far-reaching impacts on poultry, cattle and swine and would impose extensive reporting obligations on each of these sectors.”
The congressional letter was organized by Reps. Jim Costa (D-CA) and Steve Womack (R-AR).
A bipartisan group of 19 senators also sent a letter requesting a 180-day extension of the comment period. Senators Chris Coons (D-DE) and Roger Wicker (R-MS) organized the Senate letter.
The proposal is 180 pages long and consists of 44 important questions.
Rail strikes increasingly likely
Two railroad unions voted, one against and one in favor, of the proposed contract negotiated by the administration. The Transport Section of the International Association of Metal, Air, Railway and Transport Workers voted against the proposed contract, while the Brotherhood of Locomotive Engineers and Trainers voted in favor. These are the two largest unions of the 12 railway unions.
Of the 12 rail unions, eight voted in favor of the deal and four voted against.
A national rail strike could begin on December 9. According to the Association of American Railroads, a nationwide strike could cost the US economy $2 billion a day.
On November 3, more than 190 farm groups called on Congressional leaders to take the necessary steps to prevent a strike.
Double support for agricultural trade promotion programs
A bipartisan bill to double funding for agricultural trade promotion programs has been introduced in the House of Representatives.
Legislation “Supporting Market Access for Trade Revitalization 2022 (SMART)’ Increases funding for the Foreign Market Development Program from the current $34.5 million to $69 million and the Market Access Program from $200 million to $400 million.
While introducing the bill, Representative Jim Costa (D-CA) said, “Opening and growing new markets for American-made products is critical to building our agricultural economy. Food is a global security issue, and we must do everything we can to close trade disruptions and develop new partnerships that help bring American products around the world.”
There are other supporters of the legislation Dan Newhouse (R-WA), Jimmy Panetta (D-CA), Tracy Mann (R-KS), Cindy Ackn (D-IA), Ashley Hinson (R-IA), and Kim Schrier, (D-WA).
A recent study by IHS Market and Texas A&M University found that doubling funding for FMD and MAP would increase agricultural exports by an additional $44.4 billion between 2024 and 2029.
The last time FMD received increased funding was in 2002 and MAP in 2006.
A similar law was previously introduced in the Senate.
The latest results of the House elections are As of Wednesday, Republicans held 220 seats in the House of Representatives, while Democrats held 212. There are still three locations to be determined.
Source: P. Scott Shearer is responsible for and fully owns the information provided. Informa Business Media and all its affiliates are not responsible for any of the content contained in this information asset. The views of this writer are not necessarily those of Farm Progress/Informa.