USDA Announces Third Round of Poultry Reforms

The U.S. Department of Agriculture (USDA) has finalized the third major rule under the Packers and Stockyards Act, aimed at improving fairness and transparency for farmers raising livestock under contract with meat and poultry processors. Agriculture Secretary Tom Vilsack highlighted that the new regulation will provide chicken farmers with better insight into payment rates, introduce stability in the tournament system that determines pay, and require companies to disclose necessary capital improvements for contract maintenance. These reforms are intended to address issues faced by farmers who have previously suffered financial losses due to unfair practices. Additionally, the USDA announced the withdrawal of a proposed rule on unfair practices in livestock markets, citing time constraints, but reaffirmed its commitment to the goals of that proposal. Vilsack emphasized that these changes reflect the voices of farmers and are crucial for supporting them through challenging times. The USDA's efforts also include previous reforms to enhance competition and protect farmers from discrimination.