{
  "id": "RS20079",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "RS20079",
  "active": false,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 102452,
      "date": "2001-08-15",
      "retrieved": "2016-05-24T20:21:36.694941",
      "title": "Livestock Mandatory Price Reporting",
      "summary": "On April 2, 2001, the U.S. Department of Agriculture (USDA) implemented the Livestock\nMandatory Price Reporting (LMPR) law. LMPR was passed as part of USDA's FY2000\nappropriations law ( P.L. 106-78 ), to address the concerns of some livestock producers about low\nprices, increasing industry concentration, and the availability of price information. Under the\nprevious, voluntary system, USDA reported data provided on a voluntary basis by meat packers and\nprocessors on the prices they pay for animals. The new law requires large packers to report not only\nnegotiated sales, but also forward contract and formula arrangement transactions. Since\nimplementation, LMPR has provided new information and further disclosure on pricing, but the\nsystem has experienced problems. On May 14, USDA announced an error in the computer program,\nwhich incorrectly calculated published prices. Since then, USDA has announced corrections. On\nAugust 3, USDA announced a new confidentiality rule, to go in effect on August 20. (This report\nwill be updated as needed.)",
      "type": "CRS Report",
      "typeId": "REPORTS",
      "active": false,
      "formats": [
        {
          "format": "PDF",
          "encoding": null,
          "url": "http://www.crs.gov/Reports/pdf/RS20079",
          "sha1": "898314428ea03f74607a8ab4865f52ccc723a3c8",
          "filename": "files/20010815_RS20079_898314428ea03f74607a8ab4865f52ccc723a3c8.pdf",
          "images": null
        },
        {
          "format": "HTML",
          "filename": "files/20010815_RS20079_898314428ea03f74607a8ab4865f52ccc723a3c8.html"
        }
      ],
      "topics": []
    }
  ],
  "topics": [
    "Agricultural Policy",
    "Appropriations"
  ]
}