2008 Farm Bill
GIPSA proposed rules have spawned concerns and divergent implications
(July 30, 2010) - As the weeks have passed since the June 22, 2010 publication of a new set of regulations written by the Grain Inspection, Packers, and Stockyards Administration (GIPSA), the debate over their effect on the poultry and livestock industry has become increasingly intense. The 2008 Farm Bill mandated GIPSA develop some new regulations in response to complaints from farmers describing problems with their contracts with vertical integrators.
Supporters of the proposed regulations see them as an important step to counter market concentration and strengthen the chance for independent producers to receive a fair market price for their animals.
Secretary of Agriculture Vilsack lays out priorities, extends comment period for payment limitations rule
From the United States Department of Agriculture
WASHINGTON, Monday, January 26, 2009-Agriculture Secretary Tom Vilsack today announced he will extend the comment period for the 2008 Farm Bill Farm Program Payment Limitation and Payment Eligibility rulemaking process.
Vilsack discussed his priorities as Secretary of Agriculture during a teleconference call today with agriculture and other reporters across the country and said that as part of the regulatory review process outlined by the White House and Office of Management and Budget (OMB), he is directing the Department to extend the comment period for the payment limits rule for an additional 60 days.
"Let's be clear - in no way is this move a signal that we will modify the rules for the 2009 crop year," Vilsack said. "Sign up has begun and it's important that clear and consistent rules remain in place so that producers can prepare for the crop year and manage their risk appropriately."
To date, USDA has only received seven comments on the payment limits rule and Vilsack says that by extending the comment period additional farmers and other interested parties will have the opportunity to comment.