Research on Livestock Industry Consolidation: Impact on Farmers and Food Prices.
This Act mandates the Economic Research Service to conduct a detailed study on consolidation and concentration within the livestock industry (meat, poultry, dairy). The goal is to assess how changes in the size and location of farms and processing facilities affect farmers' finances, access to resources, and food prices and quality for consumers. The report aims to help citizens and policymakers understand whether increasing market concentration harms competition and impacts daily food expenses.
Key points
Requires the publication of a report on consolidation in the livestock sector (beef, pork, poultry, dairy) no later than one year after the latest Census of Agriculture is made public.
The study must evaluate the impact of concentration on farmers and consumers, including financial effects, access to markets and resources (e.g., processing facilities), and dietary impacts.
The report must utilize government data, including the Census of Agriculture and inspection records, but must not contain confidential business information.
Expired
Additional Information
Print number: 118_S_1020
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2023-03-29