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Agricultural News


Reaction offered for Mandatory Price Reporting Bill

Mon, 27 Sep 2010 16:56:04 CDT

Following the President's signing into law of the Mandatory Price Reporting Reauthorization Act many agricultural organization leaders voiced their support for the law. National Farmers Union President Roger Johnson says - given current economic instability, reauthorization of mandatory price reporting is vital to U.S. farmers and ranchers to provide market tools essential to the livestock sector. He added - NFU supports the language included that would aid in the dairy crisis, providing for more certainty and transparency in the volatile marketplace.

American Farm Bureau President Bob Stallman says - the Mandatory Price Reporting law provides necessary transparency in livestock pricing information critical to producers' marketing opportunities. American Sheep Industry President Glen Fisher says the law will avoid the situation where not everyone was reporting accurately.

 

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