Sens. Chuck Grassley (R-IA) and Tina Smith (D-MN) on March 24 introduced legislation to research the economic impact of livestock market consolidation on farmers, ranchers and consumers.
The Livestock Consolidation Research Act directs the USDA’s Economic Research Service to conduct the research.
“Our bipartisan legislation will work to address ag concentration by providing farmers, ranchers and shoppers a full picture of how the market is working,” Grassley said.
The lawmakers planned to push for the bill’s inclusion in the farm bill.
