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Reading: USDA publishes final rule to establish cattle contracts library program
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AgrinewsLatest NewsPolitics

USDA publishes final rule to establish cattle contracts library program

Caleb Salers
By Caleb Salers December 7, 2022
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2 Min Read
Mississippi cattle
Photo courtesy of Mississippi State University
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The U.S. Department of Agriculture (USDA) has published a final rule to establish a cattle contracts library pilot program, a move endorsed by U.S. Senator Cindy Hyde-Smith, R-Miss.

Hyde-Smith, who serves on both the Senate Agriculture Appropriations Subcommittee and Senate Agriculture Committee, used an appropriations process to fund and direct the USDA Agricultural Marketing Service (AMS) to establish the cattle contracts library. The purpose of the program is to increase market transparency for cattle producers.

“When fully implemented, this cattle contracts library should shed light on any unfair practices contributing to the unfair price chasm between producers, packers, and customers,” Hyde-Smith said. “As a rule, I am for fewer federal regulations, but in this case, Congress directed USDA to take action.  The requirements in this rule are a reasonable response to current market practices that are hurting small livestock producers and, in the end, consumers.”

Other farm-state colleagues have joined Hyde-Smith in promoting the creation of this program to explain the significant difference between the prices received by farmers and ranchers for their cattle in relation to the prices paid by consumers for beef products.

The final rule, which was published by the Federal Register Wednesday morning, establishes which large packers must submit contractual information for the purchase of cattle based on the previous five calendar years. According to AMS, the cattle library will include detailed contractual information and volumes purchased against the contracts.

It goes into effect on January 6, 2023.

Copyright 2025 SuperTalk Mississippi Media. All rights reserved.

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By Caleb Salers
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Caleb Salers is a multimedia journalist for SuperTalk Mississippi News. As a lifelong Jacksonian, Caleb has deep roots in Mississippi and a vested interest in the Magnolia State. Prior to joining the news team, Caleb served as a podcast host. In his spare time, you will find Caleb watching sports, cheering on the Pittsburgh Steelers and Memphis Grizzlies. For inquiries or story tips, email [email protected].

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