Daily Agriculture contract bills heard in committee Members of the Agriculture Committee heard testimony Feb. 13 on two measures that would standardize agriculture production contracts and protect participants against unfair practices. The bill would incorporate elements of a model law developed by the National Association of Attorneys General as well as set standards for agricultural production contracts.
Contracting proposes benefits to contractors and producers.
Under LB 592, any disclosure of risks that may be assumed by the producer would have to be on the cover page of the contract. Contracts would be required to be legible, organized and use language style that is understandable by laypersons. The bill would impose a minimum statutory three-day right to review. During this time the producer would be allowed to show the contract to legal or financial advisors and would be given the right to terminate the contract without cause. Contract disputes could be resolved by mediation through the state Department of Agriculture.