Context

Context of Livestock marketing : hearings before the Subcommittee on Agricultural Production, Marketing, and Stabilization of Prices of the Committee on Agriculture and Forestry, United States Senate, Ninety-fourth Congress, first session on S. 1532, a bill to amend the Packers and Stockyards Act, 1921, to clarify the authority of the Secretary of Agriculture to require reasonable bonds from packers in connection with their livestock purchasing operations, and for other purposes : S. 2034, a bill applicable to livestock marketing in commerce to provide the basis for assuming and discharging the financial risks involved in all sales and purchase transactions; to declare certain acts unlawful; to safeguard against unfair and illegal marketing practices; to identify, maintain and uphold business standards and practices which are based upon free, open and competitive factors in all transactions; to provide penalties for violations; to create and empower a Livestock Marketing Commission to administer and enforce the act; and for other purposes, July 19, 1975, Omaha, Nebr., July 25, 1975, Washington, D.C
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