The current pilot supports market transparency by providing the cattle and beef sectors information about contract terms offered by packers to producers for the purchase of cattle.
The 2023 report tracks commitments and progress in three key areas, including cage-free eggs, gestation crate-free pork, and alignment with the Better Chicken Commitment.
The bill would establish minimum levels of fed cattle purchases made through approved pricing mechanisms, which includes negotiated cash, negotiated grid, at a stockyard, and through trading systems that multiple buyers and sellers regularly can make and accept bids.