Ag News
USDA withdraws proposed GIPSA rule
Posted on Oct 31, 2017 at 20:00 PM
Citing hundreds of comments criticizing a proposed rule to amend regulations under the Grain Inspection, Packers and Stockyards Administration (GIPSA), the USDA announced on Oct. 18 that it would take no further action with regard to the controversial rule, which some farmers supported and others did not.
According to a notice in the Federal Register, the proposed rule, which was first published on Dec. 20, 2016, was intended to clarify conduct or action GIPSA considers unfair, discriminatory or deceptive in violation of the Packers & Stockyards (P&S) Act. In the notice on Oct. 18, it cited the concerns of commenters who noted that the P&S Act was designed to protect competition rather than individual competitors or market participants, and many thought the proposed rule would result in increased litigation.
To read the Federal Register notice from Oct. 18, visit http://bit.ly/GIPSAwithdraw.
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