Packers and Stockyards Act

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The Packers and Stockyards Act of 1921, 7 U.S.C. §§ 181-229b, is an American law that requires certain fair practices in the livestock, poultry, and meat-packing industry. The law makes it unlawful for a packer to “[e]ngage in or use any unfair, unjustly discriminatory, or deceptive practice or device.” The law also seeks to ensure that meat marketers maintain adequate financial stability by requiring prompt payment, bonding, packer and poultry trusts, and market agency custodial accounts.

The P&S Act has been amended several times, most recently by the 2002 Farm Bill, which added protections for hog farmers who contract with pork processing companies. P.L. 107-171 § 10502.

The P&S Act is administered by the U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA).

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