U.S. agricultural appropriations bill prevents additional rulemaking for Grain Inspection, Packers, and Stockyards Administration that would address competition, consolidation problems in livestock marketplace, National Farmers Union says

WASHINGTON , November 18, 2011 (press release) – National Farmers Union (NFU) President Roger Johnson issued the following statement about the passage of H.R. 2112, the “minibus” legislation that includes the agricultural appropriations bill, along with two other appropriations bills and the continuing resolution to keep the federal government running through mid-December:

“While NFU appreciates that the Agriculture Appropriations bill for Fiscal Year 2012 largely maintains overall discretionary funding levels, it is a disappointment for family farmers and ranchers. The bill prevents additional rulemaking for the Grain Inspection, Packers and Stockyards Administration rule that would have addressed the fundamental problem of competition and consolidation in the livestock marketplace. The bill also undercuts the Dodd-Frank Wall Street Reform Act by limiting funding for the Commodity Futures Trading Commission.

“These are two extraordinarily important issues for NFU members. We cannot allow the influence of the consolidated meat processors and Wall Street to trump the interests of family farmers and ranchers. NFU will continue to fight for the restoration of fairness in markets.”

National Farmers Union has been working since 1902 to protect and enhance the economic well-being and quality of life for family farmers, ranchers and rural communities through advocating grassroots-driven policy positions adopted by its membership.

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