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An Act to regulate interstate and foreign commerce in live stock, live-stock products, dairy products, poultry, poultry products, and eggs, and for other purposes. Acronyms (colloquial) PSA: Nicknames: Packers and Stockyards Act of 1921: Enacted by: the 67th United States Congress: Effective: August 15, 1921: Citations; Public law: Pub. L. 67 ...
The law was passed in 1921 as part of the Packers and Stockyards Act (7 U.S.C. §§ 181-229b; P&S Act) which was passed in order to "regulate interstate and foreign commerce in live stock, live-stock produce, dairy products, poultry, poultry products, and eggs, and for other purposes."
The Packers and Stockyards Act provides the Secretary of Agriculture the authority to set rates to be paid by agencies for services rendered. Under the Act, however, two conditions are put upon the exercise of this power: (1) The Secretary must be of the opinion that the existing rate is unjust, and (2) this opinion must be the result of a full hearing.
Created Date: 8/30/2012 4:52:52 PM
Under the executive order, the Department of Agriculture (USDA) is directed to consider new department rules that would strengthen enforcement of the Packers and Stockyards Act in order to make it easier for farmers to bring and win claims. The FTC is additionally directed to consider new initiatives to prevent equipment manufacturing companies ...
In United States agricultural regulation, packer concentration is the degree to which a few large firms dominate total sales within segments of the meat-packing industry, which, some farmers and other critics contend, can cause or at least contribute to lower prices for their animals.
Construction to redevelop one of the last remaining industrial buildings in the Fort Worth Stockyards is expected to begin soon. The abandoned red-brick Armour & Co. Packing Plant on the east end ...
The city says its needs to protect land for commercial uses, but developers say mom and pop businesses in the Stockyards need more foot traffic than just tourists.