Mandatory Price Reporting

The U.S. Department of Agriculture’s Agricultural Marketing Service posted two separate Federal Register notices on Feb. 29 to further define Livestock Mandatory Reporting. ASI has prepared and submitted comments to both notices.

Final Rule - Published Aug. 11, 2016

Direct Final Rule - Livestock Mandatory Reporting: Revision of Lamb Reporting Requirements
ASI's Comments to the Direct Final Rule

Proposed Rule - Livestock Mandatory Reporting: Reauthorization of Livestock Mandatory Reporting and Revision of Swine and Lamb Reporting Requirements
ASI's Comments to the Proposed Rule
Livestock Mandatory Reporting for Lamb Update - Erika Sanko - January 29, 2016 - Presented to Lamb Council at ASI Convention

ASI Briefing Paper to Senate Staff on Livestock Mandatory Reporting Following Passage of House Ag Appropriations Bill
House Bill to Extend the Mandatory Price Reporting Act
Reauthorizing the Livestock Mandatory Reporting (LMR) Act -- May 11, 2015 -- Written by Joel L. Greene -- Analyst in Agricultural Policy

Analysis of Mandatory Price Reporting System for Lamb - December 20, 2012
Prepared by the Livestock Marketing Information Center

Anyone who follows the sheep, lamb and wool markets most likely is familiar with Mandatory Price Reporting (MPR). MPR involves the mandatory publishing, by the U.S. Department of Agriculture, of data on livestock and meat-price trends, contracting arrangements and supply and demand conditions in a manner that protects the identify of reporting entities and preserves the confidentiality of proprietary transactions.

While lamb was included by rulemaking, rather than specifically mandated in the legislation that set up the systems for beef and pork, ASI worked with USDA to help secure full implementation. A key piece yet to be included for lamb is the reporting of imported lamb cut prices in the United States – a move that would place some of the burden on importing companies instead of solely on domestic lamb firms.

Other MPR results that ASI helped bring about include the improvement of two reports and the addition of another. The U.S. Daily Lamb Report and the Western Daily Lamb Report were revised in January 2002, the same time at which the Lamb Carcass Cutout Value Report made its debut.

The revised reports are improving public access to mandatory information by permitting USDA’s Agricultural Marketing Service (AMS) to publish a greater volume of collected data on a more consistent basis in a manner that protects the confidentiality of reported transactions. The new report is providing the industry with a measurement and indicator of a lamb carcass value, which then can be related to live lamb prices.

Additionally, a retail lamb price series was implemented in early 2003. The lamb price reports may be viewed here. To access the Mandatory Price Reporting portion of the USDA Web site, click on the following hyperlink: