Top Pols Predicting
Price Reporting Law
WASHINGTON (AP) Two lawmakers predicted
Monday that legislation requiring meatpackers to reveal
the prices they pay will win passage in Congress this
year.
Senate Minority Leader Tom Daschle, D-S.D., and House
Agriculture Chairman Larry Combest, R-Texas, made the
prediction about what is called mandatory price reporting
during separate comments with reporters.
Pressure has been building for mandatory price
reporting in the last year. All areas of livestock are
experiencing low prices, particularly the hog industry,
where prices have dipped to their lowest levels in four
decades.
Farmers have accused big companies of pushing them out
by keeping prices secret.
``I believe without question by the end of the year
there will be mandatory price reporting,'' Combest said.
Added Daschle, ``I expect to pass a mandatory price
reporting bill this year.''
The Clinton administration announced this month it
would introduce legislation requiring mandatory price
reporting. Several lawmakers have also introduced
versions of the proposal.
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