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The Livestock Mandatory Reporting Act of 1999 (Title IX of the FY2000 USDA appropriations act (P.L. 106-78)) requires large packers and importers to report to USDA the details of all transactions involving purchases of livestock and imported boxed lamb cuts, and the details of all transactions involving domestic and export sales of boxed beef cuts, sales of domestic and imported boxed lamb cuts, and sales of lamb carcasses. Additional provisions impose, in turn, new data reporting requirements on USDA, including more frequent price reports along with new monthly information on retail prices for meat and poultry products.
Policy issues include the ability of USDA to effectively implement the mandatory program, which had a 5-year authorization that expired October 22, 2004, and whether mandatory reporting is more or less helpful to producers than the longstanding voluntary reporting system.