7 U.S. Code § 1635j - Mandatory reporting for swine
The Secretary shall establish and implement a price reporting program in accordance with this section that includes the reporting and publication of information required under this section.
Information required under this section for packer-owned swine shall include quantity and carcass characteristics, but not price.
The Secretary shall review the information required to be reported by packers under this section at least once every 2 years.
The Secretary shall publish the information obtained under this paragraph in the afternoon report as soon as practicable, but not later than 3:00 p.m. Central Time, on each reporting day.
Not later than 9:30 a.m. Central Time, or such other time as the Secretary considers appropriate, on each reporting day, a packer required to report under paragraph (1) shall report information regarding all sows and boars purchased or priced during the prior business day of the packer.
A packer shall omit the prices of sows and boars that qualify as packer-owned swine from all average price calculations, price range calculations, and reports required by this subsection.
The information required to be reported under this subsection shall not include purchases of sows or boars made by agents of the reporting packer at a public auction at which the title of the sows and boars is transferred directly from the producer to such packer.
The Secretary shall publish the information obtained under this paragraph in a prior day report not later than 11:00 a.m. Central Time on the reporting day on which the information is received from the packer.
A packer shall maintain and make available to a producer, on request, a current listing of the dollar values (per hundred pounds of carcass weight) of each noncarcass merit premium used by the packer during the current or the prior slaughter week.
A packer shall not be required to pay a listed noncarcass merit premium to a producer that meets the requirements for the premium if the need for swine in a given category is filled at a particular point in time.
2015—Subsec. (c)(1)(D)(ii). Pub. L. 114–54, § 102(b)(1), added cl. (ii) and struck out former cl. (ii). Prior to amendment, text read as follows: “The information published by the Secretary under clause (i) shall include a distribution of net prices in the range between and including the lowest net price and the highest net price reported. The publication shall include a delineation of the number of barrows and gilts at each reported price level or, at the option of the Secretary, the number of barrows and gilts within each of a series of reasonable price bands within the range of prices.”
Subsec. (c)(3)(C). Pub. L. 114–54, § 102(b)(2), added subpar. (C).
2006—Subsec. (c). Pub. L. 109–296, § 3, amended heading and text of subsec. (c) generally. Prior to amendment, text related to daily reporting.
Subsecs. (d), (e). Pub. L. 109–296, § 4, added subsec. (d) and redesignated former subsec. (d) as (e).