Final Rule Says Swine Contractors Subject to Packers and Stockyards ActWednesday, October 22, 2008
(American Meat Institute)
The U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) has published a final rule that adds "swine contractors" to the list of regulated entities subject to specific regulations issued under the Packers and Stockyards Act (P & S Act) [7 USC § 181-229].
The final rule amends the regulations to clarify that swine contractors: 1) are prohibited from knowingly circulating misleading reports about market conditions or prices; 2) are required to provide business information to authorized GIPSA personnel; and 3) are required to permit authorized GIPSA personnel to inspect their business records and facilities.
Additionally, GIPSA clarified that agents and GIPSA personnel are prohibited from unauthorized disclosure of business information obtained from swine contractors. Amended sections of the P & S Act located in 9 CFR, include sections 201.53, 201.94, 201.95, and 201.96.
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