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Senators Urge Vilsack to Honor Pledge to Conduct Economic Analysis on Proposed GIPSA Rule

Monday, December 27, 2010

(American Meat Institute)

A dozen senators are urging Agriculture Secretary Tom Vilsack to follow through on a pledge that a “far more rigorous cost-benefit analysis (CBA) will be conducted” on the proposed Grain Inspection, Packers and Stockyards Administration (GIPSA) livestock marketing rule.

“We are hopeful that the United States Department of Agriculture (USDA) is now on the path to conducting a thorough, comprehensive CBA, which will provide the kind of information that is necessary to understand the potential consequences of this rule,” said the senators in a letter to Vilsack.

The senators noted that this announcement leads to several relevant questions including:

“Given the significance of the potential impacts of the proposed rule on livestock and poultry producers, processors and consumers, it is essential that we proceed with the best information we can, including a thorough and comprehensive CBA conducted by the OCE, aided by an impartial, external peer review,” the letter concluded.

To view the letter, click here: http://bit.ly/gF20rR

 

 

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