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Department of Agriculture Research Paper Example | Topics and Well Written Essays - 750 words

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Department of Agriculture - Research Paper ExampleThis rule http://essay-service903.mystrikingly.com proposes changing the marketing agreements that are established between packers and suppliers through the changing of judicial precedent. Ultimately this would make it easier for suppliers to sue in the Packers & Stockyards Act Lawsuit. Furthermore, this act would make it less likely that a packers union to utilize such an agreement. In the end, it was postulated that most, Cattle, Pig & Poultry producers as well as meat & poultry processors oppose this regulatory change. In the past, these marketing agreements help livestock producers manage volatile changes in prices through the establishment of long term contracts. In many respects it has been argued that these long term agreements only benefit large packing concerns and by banning these agreements it becomes easier for smaller packers to compete and ultimately create more bidding pressure on cattle, pig & poultry producers. Although this sounds great on paper the experience in reality may not be the same.