Factsheet-Mandatory Price Reporting Beef. Org Library Menu Beef. More than a year after Congress passed and the president signed mandatory price reporting legislation, the U.S. Department of Agriculture is slated to implement the regulation Feb.1. The measure was one of NCBA s most successful policy victories.
Packers also report beef exports and imports.
The new law directs USDA to improve its retail price reports. Volume and quality information will also be reported for packer-owned cattle. The law's intentions are clear provide more accurate and timely market information within the industry. Summary More than a year after Congress passed and the president signed mandatory price reporting legislation, the U.S. Department of Agriculture is slated to implement the regulation Feb.1. The measure was one of NCBA s most successful policy victories.