July 25, 2008
July 25, 2008 - The U.S. Department of Agriculture's (USDA) re-established and revised Livestock Mandatory Reporting (LMR) program became effective July 15. The rule to once again implement mandatory price reporting of domestic and imported product has been anxiously awaited by the American Sheep Industry Association (ASI).
"It is our understanding that implementation of mandatory reporting of lamb purchases and sales prices are at 100 percent," commented Peter Orwick, ASI executive director. "Prices will once again be available from importers who refused to voluntarily submit information during the three-year lapse of statutory authority."
Additionally, some domestic companies refused to participate voluntarily so they also had to relearn the system and set up their staff and computers to resume reporting.
"We hear that the updates to reporting while implemented have come at additional cost of time and labor with more details required on reports such as carcass quality as it corresponds to price," added Orwick. "The statutory authority for the program lapsed on Sept. 30, 2005, and it took the U.S. Congress more than two years to renew the program despite total support of the national sheep, pork and beef organizations. It required USDA another year to implement a rule; however, now the industry should be able to rely on the mandatory system for a number of years. ASI led the development of the initial legislation and rules beginning in 1999 and credits the lamb system with a great share of the steady lamb market since 2002." Staff contact: Peter Orwick, ext. 33