WASHINGTON - The U.S. House of Representatives today approved The Mandatory Price Reporting Act of 2010 (S. 3656) and The Veterinary Services Investment Act (H.R. 3519).

The Mandatory Price Reporting Act of 2010 will reauthorize mandatory price reporting programs run by the U.S. Department of Agriculture (USDA) for five years. The Act requires livestock sales information to be reported and published in a timely fashion, allowing buyers and sellers to make more informed decisions.

“The transparent, timely and accurate market information provided by mandatory price reporting programs is a vital and necessary tool for agriculture producers,” Agriculture Committee Chairman Collin Peterson said.

The House Agriculture Committee passed mandatory price reporting legislation (H.R. 5852) July 28. Read More…