Involves Poultry Firms, Farmers, Payment Systems, Capital Projects
(Image courtesy of USDA website).
By Editor Josh Mitchell
River Mississippi News
THE UNITED STATES OF AMERICA — Fairer poultry development conditions affecting “agricultural markets” were the subject of an announcement today by the U.S. Department of Agriculture.
USDA officials described today’s “next-steps” announcement as significant, stating in a news release that it will “address the many, complex competition issues in agricultural markets and create a fairer playing field for poultry growers and farmers.”
In fact, the USDA says its proposal will “address a range of abuses” related to “payment systems” and “capital investment requirements” between poultry firms and broiler chicken contract growers.
USDA says its proposed new rule would improve the grower-ranking system, which is also called “tournament.”
It’s part of an ongoing effort to establish new rules for fairer agricultural markets, including, “cattle market transparency,” USDA officials said in the release.
