Austin Scott: “The Mandatory Price Reporting Act of 2010 will authorize for 5 years the mandatory price reporting programs run by the…”

“The Mandatory Price Reporting Act of 2010 will authorize for 5 years the mandatory price reporting programs run by the United States Department of Agriculture. This act requires sales information to be reported and published in a timely fashion, allowing livestock buyers and sellers to make more informed decisions. The Mandatory Price Reporting Act of 2010 adds mandatory reporting for wholesale pork cuts and pork exports. It also requires USDA to establish an electronic reporting system for dairy products so that price information is made available more quickly. Madam Speaker, reauthorizing mandatory price reporting programs provides producers with the transparent, accurate and timely market information they need. I urge passage of the Mandatory Price Reporting Act of 2010.”