USDA's final rules aim for fairer farmer contracts
The USDA has recently finalized a significant regulation, marking a major advancement in fairness for contract farmers. This rule, the third of its kind, aims to rectify long-standing issues in the Packers & Stockyards Act enforcement, directly impacting farmers raising livestock under contract.
Agriculture Secretary Tom Vilsack highlighted the importance of these regulations, stating, “It is USDA’s job to advocate for farmers, and these regulatory improvements give us the strongest tools we’ve ever had to meet our obligations under the Packers & Stockyards Act.”
Key Details of the Regulation: