Agricultural News
R-CALF USA Back's New GIPSA Rule Analysis
Wed, 15 Dec 2010 17:46:37 CST
Agriculture Secretary Tom Vilsack has the support of R-CALF USA in his decision for the Ag Department to conduct a new cost/benefit analysis of the Grain Inspection, Packers and Stockyard Administration's proposed competition rule.
According to R-CALF USA CEO Bill Bullard, - Secretary Vilsack is proceeding in a transparent and responsible manner to finalize the proposed GIPSA rule, and after waiting decades for USDA to properly implement and enforce the Packers and Stockyards Act, we truly appreciate his efforts. Bullard notes, - R-CALF USA holds that the outcome of the new cost/benefit analysis will show the GIPSA rule will result in tremendous benefits to Rural America.
Bullard continues, - we also believe by imparting fairness and transparency in U.S. livestock markets - which will occur when the GIPSA rules takes effect - that hundreds of thousands of independent livestock producers will once again capture their fair and competitive share of profits within U.S. livestock industries, profits that are now being hoarded by monopolistic packers. Bullard believes, - this will, in turn, reinvigorate Rural America through increased economic activity.
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