* Support the GIPSA
rule on the additional capital investment requirements as a sensible (albeit indirect) approach to dealing with the problem of integrators' market power on the market for contract grower services.
(31.) Ron Hays, USDA Secretary Vilsack Says Agency Will Perform Cost Benefit Analysis of GIPSA
(159) Dudley Butler believes strengthening the current GIPSA
rules and finally implementing the restrictions on packer ownership of livestock are viable ways to solve the monopsony problems in the American meatpacking industry.
As the agency regulating the Packers and Stockyards Act, the USDA, and, more specifically, its subsidiary body GIPSA
, already had the power to revise and supplement its laws.
) Marketing Act of 1946 (7 U.S.C.
What we received from a TPA, an agency hired by insurance firms to service health insurance claims, is the tariff list approved by the General Insurers' Public Sector Association ( GIPSA
To enforce the rules, the USDA created agencies that were later combined into a single bureau called the Grain Inspection, Packers and Stockyards Administration, or GIPSA
With the entry of private insurers, the GIC subsidiaries were delinked from the holding company in 2000, and a separate body called General Insurers (Public Sector) Association (GIPSA
) was created to facilitate interaction among the four.
May 6 2010 -- The Grain Inspection, Packers and Stockyards Administration (GIPSA
) is monitoring the markets to ensure producers compete in a fair market.
The Grain Inspection, Packers, and Stockyards Administration (GIPSA
) and the Federal Grain Inspection Service (FGIS) provides farmers, handlers, processors, exporters, and international buyers with sampling, inspection, process verification, and weighing that describes the quality and quantity of grains in commerce.
A study released in early 2002 by USDA's Grain Inspection, Packers & Stockyards Administration (GIPSA
) cited a previous academic study which used an economic model to confirm this relationship, but said the effect "was small and not economically significant." For example, said GIPSA
, a 1,000-head increase in the total inventory of captive supply cattle was associated with a $0.01 per hundredweight (or smaller) decrease in spot market prices.