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Title | Committee | Presenter | Date |
|---|---|---|---|
| ACRE Act Essential to the Prosperity of Rural Communities | House Ways and Means Committee | 05/09/24 | |
| Testimony on Commodity Programs, Credit, and Crop Insurance | Senate Agriculture Committee | Gus Barker | 05/04/23 |
Feb. 19, 2021
The USDA Agricultural Marketing Service announced a new Dealer Statutory Trust for livestock sellers, in accordance with the year-end appropriations law. Livestock dealers are required to hold all purchased livestock and the proceeds from resold livestock in trust for the benefit of all unpaid cash sellers of livestock until full payment has been received by those sellers. Dealers whose average annual livestock purchases do not exceed $100,000 are exempt.