Virginia Secretary of Agriculture Requests Economic Analysis of Proposed GIPSA RuleTuesday, January 18, 2011
(American Meat Institute)
The Virginia Secretary of Agriculture is
requesting a comprehensive economic impact
analysis of the proposed (GIPSA) livestock
marketing rule, citing concern that the
proposed rule would have a negative impact on
“Producers and agribusinesses fear that
the proposed rules will have negative and
unintended consequences that should be avoided.
For example, they expect that the changes being
proposed could lead to the removal of
incentives for investments in innovation that
are needed for the
Haymore noted that he is also concerned that the proposed rules far exceed what was authorized by Congress, thus causing the annual impact of the proposed rules to far exceed their predicted threshold.
“Because of these concerns, I respectfully request that the USDA conduct a comprehensive economic impact analysis before proceeding further with the proposed rules. In additional, I recommend that information about your analysis and the data be shared with the industry for review and comment. Finally, I respectfully request that you seek input and guidance from the state departments of agriculture during this process,” the letter concluded.
To view the letter in its entirety, click
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