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Statement of the American Meat Institute on AMS '3/70/20' Guidelines for Mandatory Price Reporting

Friday, August 3, 2001

The American Meat Institute (AMI) has long opposed mandatory price reporting, but now that it is in effect, we are committed to ensuring that it works as well as it possibly can.

One of AMI’s chief concerns regarding AMS’s Mandatory Reporting Program is that it protect company confidentiality. The 3/60 rule was designed with that goal in mind, but excluded one-third of reports from publication.

We hope AMS’ new “3/70/20” rule will be a step in the right direction – balancing the need for information with the desire to protect confidentiality.

AMI represents the interests of packers and processors of beef, pork, lamb, veal and turkey products and their suppliers throughout North America. Headquartered in Washington, DC, the Institute provides legislative, regulatory and public relations services, conducts scientific and economic research, offers marketing and technical assistance and sponsors education programs.

For more information contact:
Janet Riley
Vice President, Public Affairs
Josee Daoust
Manager, Public Affairs

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