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.
AMS Announces New Launch Date for Mandatory Price ReportingFriday, January 26, 2001