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Expanding Local Meat Processing Act of 2025

3/21/2025, 4:08 AM

Summary of Bill S 782

Bill 119 s 782, also known as the "Packers and Stockyards Act Amendments of 2021," is a proposed piece of legislation that aims to direct the Secretary of Agriculture to make changes to regulations that would permit certain packers to have a financial stake in market agencies. This bill seeks to address concerns related to competition and fairness within the livestock industry by allowing packers to have a more direct role in the marketing and selling of livestock.

The bill does not specify which packers would be eligible to have an interest in market agencies, but it is likely that this provision is intended to benefit smaller packers who may currently face challenges in accessing markets for their products. By allowing packers to have a financial interest in market agencies, the bill aims to create more opportunities for smaller packers to compete in the industry and potentially increase their market share.

In addition to allowing packers to have an interest in market agencies, the bill also includes provisions related to other aspects of the livestock industry. While the specific details of these provisions are not outlined in the summary, it is clear that the bill aims to address various issues within the industry and promote fairness and competition. Overall, Bill 119 s 782 is a proposed piece of legislation that seeks to make changes to regulations in order to allow certain packers to have a financial stake in market agencies. The bill aims to address concerns related to competition and fairness within the livestock industry and create more opportunities for smaller packers to compete in the market.

Congressional Summary of S 782

Expanding Local Meat Processing Act of 2025

This bill directs the Department of Agriculture to revise its regulations to allow certain packers to hold an ownership interest in, finance, or participate in the management or operation of a market agency selling livestock on a commission basis.

The bill applies to packers that have a cumulative slaughter capacity of (1) less than 2,000 animals per day or 700,000 animals per year with respect to cattle or sheep, and (2) less than 10,000 animals per day or 3 million animals per year with respect to hogs.

In addition, the bill includes a disclosure requirement for a market agency that has an ownership interest in, finances, or participates in the management or operation of a packer to which the agency sells consigned livestock. Specifically, the market agency must disclose on the account of sale (1) the name of the packer, and (2) the nature of the relationship between the market agency and the packer.

Current Status of Bill S 782

Bill S 782 is currently in the status of Bill Introduced since February 27, 2025. Bill S 782 was introduced during Congress 119 and was introduced to the Senate on February 27, 2025.  Bill S 782's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of February 27, 2025

Bipartisan Support of Bill S 782

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 782

Primary Policy Focus

Alternate Title(s) of Bill S 782

A bill to direct the Secretary of Agriculture to amend regulations to allow for certain packers to have an interest in market agencies, and for other purposes.
A bill to direct the Secretary of Agriculture to amend regulations to allow for certain packers to have an interest in market agencies, and for other purposes.

Comments

Boden Terry profile image

Boden Terry

686

1 year ago

This bill is so dumb.