The Mandatory Price Reporting Act of 2010 will reauthorize mandatory price reporting programs run by 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 House Agriculture Committee passed mandatory price reporting legislation (H.R. 5852) July 28. To ensure timely implementation, the House approved the identical Senate-passed bill. The Act now goes to the President’s desk for his signature.