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Wholesale Produce Market Review Act
12/29/2022, 6:05 PM
Summary of Bill HR 8275
The bill calls for the creation of a task force that will be responsible for conducting this review. The task force will be made up of experts in the field of agriculture, economics, and business, as well as representatives from the wholesale produce market industry. The task force will be tasked with gathering data, conducting interviews, and analyzing market trends in order to provide a comprehensive report to Congress.
The goal of this review is to identify any barriers to entry for new businesses, any anti-competitive practices that may be occurring, and any other factors that may be hindering the growth and success of the wholesale produce market. The task force will also be responsible for making recommendations to Congress on how to address any issues that are identified during the review process. Overall, the Wholesale Produce Market Review Act aims to promote transparency and competition in the wholesale produce market in order to ensure a fair and level playing field for all businesses involved. It is hoped that this review will lead to positive changes that will benefit both producers and consumers in the long run.
Congressional Summary of HR 8275
Wholesale Produce Market Review Act
This bill directs the Department of Agriculture (USDA) to submit to Congress a report on supply chain shortfalls at (1) the five largest wholesale produce markets by annual sales and amount of goods moved for the preceding four calendar years, and (2) a representative sample of eight wholesale produce markets that are not among the largest wholesale produce markets.
The report must contain (1) an analysis of the supply chain shortfalls in each wholesale produce market, including the state of repair of infrastructure; (2) a description of any actions USDA recommends be taken as a result of the analysis; (3) recommendations for wholesale produce market owners and operators, and state and local entities, to improve the identified supply chain shortfalls; and (4) proposals for legislative actions and funding needed to improve the supply chain shortfalls.
