Livestock Mandatory Reporting Background

In the mid-1990’s, there were growing concerns in the industry and Congress over packer concentration as meat packing companies were consolidating and getting larger. This was captured in a 1996 report, Pork Price Reporting Improvement Initiative (pdf), as a survey of pork industry packers. In the fall of 1998, the swine industry faced an oversupply situation, and negotiated slaughter hog prices fell to historically low levels.

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