Document Type

Other

Publication Date

3-1-2004

Keywords

price reporting, livestock economics, swine, mandatory reporting

Extension Number

ExEx 5052

Department

Economics

Description

Under the Livestock Mandatory Reporting Act of 1999, large packers of cattle, swine, and sheep must report data from purchases and processing with respect to price, volume, and grade. The U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) assembles and disseminates the price reports. A list of all reports under mandatory price reporting can be accessed at the AMS website, www.ams.usda.gov. Methods of disseminating the abundance of new information in an understandable manner need to be examined. In addition, the report covered below was not released consistently until after a restrictive confidentiality guideline was changed. Currently, a variety of prices and short-run supply information is available.

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