The North American Meat Institute (Meat Institute) today made the following statement regarding the United States Department of Agriculture’s Agricultural Marketing Service proposed rule on meat and poultry markets:
“We will review the proposed rule and work to ensure livestock producers have a variety of tools available to market their animals and to ensure meat and poultry markets remain competitive,” said Meat Institute President and CEO Julie Anna Potts. “Any rule must protect marketing agreements between packer/processors and livestock producers, which provide stability to the industry and benefits consumers with lower prices and better quality meat and poultry. Eight federal appellate courts have concluded that the Packers and Stockyards Act requires a plaintiff to show actual or likely harm to competition. Without such a requirement, frivolous lawsuits could flood the courts and hurt the producer-processor relationship, ultimately harming those the law is intended to protect.”
The North American Meat Institute is the leading voice for the meat and poultry industry. The Meat Institute’s members process the vast majority of U.S. beef, pork, lamb, and poultry, as well as manufacture the equipment and ingredients needed to produce the safest and highest quality meat and poultry products.