Part A—Purpose; Definitions
§1635. Purpose
The purpose of this subchapter is to establish a program of information regarding the marketing of cattle, swine, lambs, and products of such livestock that—
(1) provides information that can be readily understood by producers, packers, and other market participants, including information with respect to the pricing, contracting for purchase, and supply and demand conditions for livestock, livestock production, and livestock products;
(2) improves the price and supply reporting services of the Department of Agriculture; and
(3) encourages competition in the marketplace for livestock and livestock products.
(Aug. 14, 1946, ch. 966, title II, §211, as added
Statutory Notes and Related Subsidiaries
Livestock Mandatory Reporting
"SEC. 901. SHORT TITLE.
"This title [enacting
"Subtitle A—Livestock Mandatory Reporting
"SEC. 911. LIVESTOCK MANDATORY REPORTING.
"[Enacted this subchapter.]
"SEC. 912. UNJUST DISQUALIFICATION.
"[Amended
"SEC. 913. CONFORMING AMENDMENTS.
"(a) [Repealed
"(b) [Amended section 101(a) [title XI, §1127] of
"Subtitle B—Related Beef Reporting Provisions
"SEC. 921. BEEF EXPORT REPORTING.
"[Amended
"SEC. 922. EXPORT CERTIFICATES FOR MEAT AND MEAT FOOD PRODUCTS.
"Not later than 1 year after the date of the enactment of this Act [Oct. 22, 1999], the Secretary of Agriculture shall fully implement a program, through the use of a streamlined electronic online system, to issue and report export certificates for all meat and meat products.
"SEC. 923. IMPORTS OF BEEF, BEEF VARIETY MEATS, AND CATTLE.
"(a)
"(1) obtain information regarding the import of beef and beef variety meats (consistent with the information categories reported for beef exports under section 602(a) of the Agricultural Trade Act of 1978 (
"(2) publish the information in a timely manner weekly and in a form that maximizes the utility of the information to beef producers, packers, and other market participants.
"(b)
"SEC. 924. AUTHORIZATION OF APPROPRIATIONS.
"There are authorized to be appropriated such sums as are necessary to carry out sections 922 and 923.
"Subtitle C—Related Swine Reporting Provisions
"SEC. 931. IMPROVEMENT OF HOGS AND PIGS INVENTORY REPORT.
"(a)
"(b)
"(c)
"SEC. 932. BARROW AND GILT SLAUGHTER.
"(a)
"(b)
"(c)
"(1)
"(2)
"SEC. 933. AVERAGE TRIM LOSS CORRELATION STUDY AND REPORT.
"(a)
"(b)
"(1) analyze processing techniques that would assist the pork processing industry in improving procedures for uniformity and transparency in how trim loss is discounted (in dollars per hundred pounds carcass weight) by different packers and processors;
"(2) analyze slaughter inspection procedures that could be improved so that trimming procedures and policies of the Secretary are uniform to the maximum extent determined practicable by the Secretary;
"(3) determine how the Secretary may be able to foster improved breeding techniques and animal handling and transportation procedures through training programs made available to swine producers so as to minimize trim loss in slaughter processing; and
"(4) make recommendations that are designed to effect changes in the pork industry so as to achieve continuous improvement in average trim losses and discounts.
"(c)
"(1) examine the status of the improvement in reducing trim loss discounts in the pork processing industry; and
"(2) update the baseline to reflect changes in trim loss discounts.
"(d)
"(1) the public on the Internet;
"(2) the Committee on Agriculture of the House of Representatives;
"(3) the Committee on Agriculture, Nutrition, and Forestry of the Senate;
"(4) producers and packers; and
"(5) other market participants.
"SEC. 934. SWINE PACKER MARKETING CONTRACTS.
"[Enacted
"SEC. 935. AUTHORIZATION OF APPROPRIATIONS.
"There are authorized to be appropriated such sums as are necessary to carry out this subtitle and the amendments made by this subtitle.
"Subtitle D—Implementation
"SEC. 941. REGULATIONS.
"(a)
"(b)
"(c)
"(d)
"SEC. 942. TERMINATION OF AUTHORITY.
"The authority provided by this title [enacting
§1635a. Definitions
In this subchapter:
(1) Base price
The term "base price" means the price paid for livestock, delivered at the packing plant, before application of any premiums or discounts, expressed in dollars per hundred pounds of carcass weight.
(2) Basis level
The term "basis level" means the agreed-on adjustment to a future price to establish the final price paid for livestock.
(3) Current slaughter week
The term "current slaughter week" means the period beginning Monday, and ending Sunday, of the week in which a reporting day occurs.
(4) F.O.B.
The term "F.O.B." means free on board, regardless of the mode of transportation, at the point of direct shipment by the seller to the buyer.
(5) Livestock
The term "livestock" means cattle, swine, and lambs.
(6) Lot
The term "lot" means a group of one or more livestock that is identified for the purpose of a single transaction between a buyer and a seller.
(7) Marketing
The term "marketing" means the sale or other disposition of livestock, livestock products, or meat or meat food products in commerce.
(8) Negotiated purchase
The term "negotiated purchase" means a cash or spot market purchase by a packer of livestock from a producer under which—
(A) the base price for the livestock is determined by seller-buyer interaction and agreement on a day; and
(B) the livestock are scheduled for delivery to the packer not later than 14 days after the date on which the livestock are committed to the packer.
(9) Negotiated sale
The term "negotiated sale" means a cash or spot market sale by a producer of livestock to a packer under which—
(A) the base price for the livestock is determined by seller-buyer interaction and agreement on a day; and
(B) the livestock are scheduled for delivery to the packer not later than 14 days after the date on which the livestock are committed to the packer.
(10) Prior slaughter week
The term "prior slaughter week" means the Monday through Sunday prior to a reporting day.
(11) Producer
The term "producer" means any person engaged in the business of selling livestock to a packer for slaughter (including the sale of livestock from a packer to another packer).
(12) Reporting day
The term "reporting day" means a day on which—
(A) a packer conducts business regarding livestock committed to the packer, or livestock purchased, sold, or slaughtered by the packer;
(B) the Secretary is required to make information concerning the business described in subparagraph (A) available to the public; and
(C) the Department of Agriculture is open to conduct business.
(13) Secretary
The term "Secretary" means the Secretary of Agriculture.
(14) State
The term "State" means each of the 50 States.
(Aug. 14, 1946, ch. 966, title II, §212, as added