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AMS Announces New Launch Date for Mandatory Price Reporting

Friday, January 26, 2001

The effective date for mandatory price reporting has been changed from January 30 to April 2, 2001, according to an AMS press release issued today. AMS said in the release that the change was made to allow for more testing of the electronic information collection system the agency intends to use. A notice regarding the date change will be published in the Federal Register soon.
The mandatory price reporting program will require producers and other market participants to report information about the marketing of live cattle, swine, and lambs and the products of those livestock. According to the AMS release, this new effective date will ensure the confidentiality of those reporting the information while providing market participants with readily understood, accurate information on pricing, contracting for purchase and supply and demand conditions for livestock, livestock production and livestock products.

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