Agriculture News from HPJ - Your Ag News Source

Sheep industry joins red-meat industries to support MPR

Re-authorize the Mandatory Price Reporting (MPR) provisions for a period of five years. This was the request made to the House Agriculture Committee in a letter sent late last week. Joining the American Sheep Industry Association (ASI) as signators to the letter were: the National Pork Producers Council, the National Cattlemens Beef Association, the American Farm Bureau Federation and the American Meat Institute.

The 1999 Livestock Mandatory Reporting Act requires packers to report, among other things, livestock purchase prices to the U.S. Department of Agriculture's Agriculture Marketing Service. A transparent, accurate and timely market price-reporting system is necessary for producers and processors to be able to make informed business decisions.

Last year, Congress extended MPR until Sept. 30, 2005.

The sheep industry needs Congress to re-authorize the MPR since all the details of sheep reporting are determined by rule making and we have been diligent in updating the program regularly, commented Peter Orwick, ASI executive director. In fact, importers are now required to provide wholesale lamb-cut prices in the United States, but will only continue if MPR is re-authorized. Companies had to voluntarily provide the information for several weeks in 2004 during a lapse in the authorization, so a five-year program is very important for continuity in sheep market reporting in this country, added Orwick.

Date: 5/26/05


Agriculture News from HPJ - Your Ag News Source
Google
 
Web hpj.com
Copyright/Privacy
Copyright 1995-2008.  High Plains Publishers, Inc.  All rights reserved.  Any republishing of these pages, including electronic reproduction of the editorial archives or classified advertising, is strictly prohibited. If you have questions or comments you can reach us at
High Plains Journal 1500 E. Wyatt Earp Blvd., P.O. Box 760, Dodge City, KS 67801 or call 1-800-452-7171. Email: webmaster@hpj.com
   
EquipmentForTheFarm
New or used farm equipment
Latest Ag News High Plains Journal - Farm, Ranch, Agribusiness, Crops and Livestock
  •  BSE Timeline
  • View From the Cab
  • Kub's Den
  • By the Numbers: Dornfeld
  • Export Inspections Mixed
  • Crop Beat
  • Summer Weather Outlook -- 4
  • Hunger Group Calls for Grain Reserve
  • Groups Want Tariff Dropped
    ©2008 DTN. Licensed under U.S. Patent No. 4,558,302 and foreign counterparts. All rights reserved.
    High Plains Journal - Farm, Ranch, Agribusiness, Crops and Livestock
  • DTN Early Word Grains 07/08 06:10
  • DTN Midday Grain Comments 07/08 12:23
  • DTN Closing Grain Comments 07/08 14:25
  • DTN Cattle Close/Trends 07/07 15:25
  • DTN Early Word Opening Livestock 07/08 05:25
  • DTN Midday Livestock Comments 07/08 12:19
  • DTN Closing Livestock Comments 07/08 18:09
  • DTN Chart Technical Points 07/08 15:00
  • DTN Feeder Pig Index
    ©2008 DTN. Licensed under U.S. Patent No. 4,558,302 and foreign counterparts. All rights reserved.
    National Ag News Agriculture Industry Today

    Farm and ranch survey.

    High Plains Journal agriculture news RSS Feed
     

    Add agriculture and ranching news RSS XML feed to My Yahoo!
    Add agriculture and livestock RSS XML news feed to Google