IB 
Union Calendar No. 95 
114TH CONGRESS 
1ST SESSION H. R. 2051 
[Report No. 114–132] 
To amend the Agricultural Marketing Act of 1946 to extend the livestock 
mandatory price reporting requirements, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 28, 2015 
Mr. CONAWAY (for himself, Mr. PETERSON, and Mr. ROUZER) introduced the 
following bill; which was referred to the Committee on Agriculture 
MAY 29, 2015 
Additional sponsor: Mr. BLUM 
MAY 29, 2015 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on April 28, 2015] 
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A BILL 
To amend the Agricultural Marketing Act of 1946 to extend 
the livestock mandatory price reporting requirements, 
and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE . 
This Act may be cited as the ‘‘Mandatory Price Re-
porting Act of 2015’’. 
SEC. 2. EXTENSION OF LIVESTOCK MANDATORY REPORT-
ING. 
(a) EXTENSION OF AUTHORITY.—Section 260 of the 
Agricultural Marketing Act of 1946 (7 U.S.C. 1636i) is 
amended by striking ‘‘September 30, 2015’’ and inserting 
‘‘September 30, 2020’’. 
(b) EMERGENCY AUTHORITY.—Section 212(12)(C) of 
the Agricultural Marketing Act of 1946 (7 U.S.C. 
1635a(12)(C)) is amended by inserting ‘‘, including any 
day on which any Department employee is on shutdown 
or emergency furlough as a result of a lapse in appropria-
tions’’ after ‘‘conduct business’’. 
(c) CONFORMING AMENDMENT.—Section 942 of the 
Livestock Mandatory Reporting Act of 1999 (7 U.S.C. 1635 
note; Public Law 106–78) is amended by striking ‘‘Sep-
tember 30, 2015’’ and inserting ‘‘September 30, 2020’’. 
SEC. 3. SWINE REPORTING. 
(a) DEFINITIONS.—Section 231 of the Agricultural 
Marketing Act of 1946 (7 U.S.C. 1635i) is amended— 
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(1) by redesignating paragraphs (9) through (22) 
as paragraphs (10) through (23), respectively; 
(2) by inserting after paragraph (8) the fol-
lowing new paragraph: 
‘‘(9) NEGOTIATED
FORMULA
PURCHASE.—The 
term ‘negotiated formula purchase’ means a purchase 
of swine by a packer from a producer under which— 
‘‘(A) the pricing mechanism is a formula 
price for which the formula is determined by ne-
gotiation on a lot-by-lot basis; and 
‘‘(B) the swine are scheduled for delivery to 
the packer not later than 14 days after the date 
on which the formula is negotiated and swine 
are committed to the packer.’’; 
(3) in paragraph (12)(A) (as so redesignated), 
by inserting ‘‘negotiated formula purchase,’’ after 
‘‘pork market formula purchase,’’; and 
(4) in paragraph (23) (as so redesignated)— 
(A) in subparagraph (C), by striking ‘‘and’’ 
at the end; 
(B) by redesignating subparagraph (D) as 
subparagraph (E); and 
(C) by inserting after subparagraph (C) the 
following new subparagraph: 
‘‘(D) a negotiated formula purchase; and’’. 
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(b) DAILY REPORTING.—Section 232(c) of the Agricul-
tural Marketing Act of 1946 (7 U.S.C. 1635j(c)) is amend-
ed— 
(1) in paragraph (1)(D), by striking clause (ii) 
and inserting the following new clause: 
‘‘(ii) PRICE DISTRIBUTIONS.—The in-
formation published by the Secretary under 
clause (i) shall include— 
‘‘(I) a distribution of net prices in 
the range between and including the 
lowest net price and the highest net 
price reported; 
‘‘(II) a delineation of the number 
of barrows and gilts at each reported 
price level or, at the option of the Sec-
retary, the number of barrows and gilts 
within each of a series of reasonable 
price bands within the range of prices; 
and 
‘‘(III) the total number and 
weighted average price of barrows and 
gilts purchased through negotiated pur-
chases and negotiated formula pur-
chases.’’; and 
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(2) in paragraph (3), by adding at the end the 
following new subparagraph: 
‘‘(C) LATE IN THE DAY REPORT INFORMA-
TION.—The Secretary shall include in the morn-
ing report and the afternoon report for the fol-
lowing day any information required to be re-
ported under subparagraph (A) that is obtained 
after the time of the reporting day specified in 
such subparagraph.’’. 
SEC. 4. LAMB REPORTING. 
Not later than 180 days after the date of the enactment 
of this Act, the Secretary of Agriculture shall revise section 
59.300 of title 7, Code of Federal Regulations, so that— 
(1) the definition of the term ‘‘importer’’— 
(A) includes only those importers that im-
ported an average of 1,000 metric tons of lamb 
meat products per year during the immediately 
preceding 4 calendar years; and 
(B) may include any person that does not 
meet the requirement referred to in subpara-
graph (A), if the Secretary determines that the 
person should be considered an importer based 
on their volume of lamb imports; and 
(2) the definition of the term ‘‘packer’’— 
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(A) applies to any entity with 50 percent or 
more ownership in a facility; 
(B) includes a federally inspected lamb 
processing plant which slaughtered or processed 
the equivalent of an average of 35,000 head of 
lambs per year during the immediately pre-
ceding 5 calendar years; and 
(C) may include any other lamb processing 
plant that did not meet the requirement referred 
to in subparagraph (B), if the Secretary deter-
mines that the processing plant should be consid-
ered a packer after considering its capacity. 
SEC. 5. STUDY ON LIVESTOCK MANDATORY REPORTING. 
(a) IN GENERAL.—The Secretary of Agriculture, act-
ing through the Agricultural Marketing Service in conjunc-
tion with the Office of the Chief Economist and in consulta-
tion with cattle, swine, and lamb producers, packers, and 
other market participants, shall conduct a study on the pro-
gram of information regarding the marketing of cattle, 
swine, lambs, and products of such livestock under subtitle 
B of the Agricultural Marketing Act of 1946 (7 U.S.C. 1635 
et seq.). Such study shall— 
(1) analyze current marketing practices in the 
cattle, swine, and lamb markets; 
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(2) 
identify 
legislative 
or 
regulatory 
rec-
ommendations made by cattle, swine, and lamb pro-
ducers, packers, and other market participants to en-
sure that information provided under such pro-
gram— 
(A) can be readily understood by producers, 
packers, and other market participants; 
(B) reflects current marketing practices; 
and 
(C) is relevant and useful to producers, 
packers, and other market participants; 
(3) analyze the price and supply information re-
porting services of the Department of Agriculture re-
lated to cattle, swine, and lamb; and 
(4) address any other issues that the Secretary 
considers appropriate. 
(b) REPORT.—Not later than January 1, 2020, the 
Secretary of Agriculture shall submit to the Committee on 
Agriculture of the House of Representatives and the Com-
mittee on Agriculture, Nutrition, and Forestry of the Senate 
a report containing the findings of the study conducted 
under subsection (a). 
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Union Calendar No. 95 
114TH CONGRESS 
1ST SESSION 
H. R. 2051 
[Report No. 114–132] 
A BILL 
To amend the Agricultural Marketing Act of 1946 
to extend the livestock mandatory price reporting 
requirements, and for other purposes. 
MAY 29, 2015 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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