Federal Legislation
Senators Introduce Livestock Industry Research Legislation
March 25, 2026
Senators Chuck Grassley and Tina Smith have introduced bipartisan legislation called the Livestock Consolidation Research Act directing the USDA Economic Research Service to conduct a comprehensive study on the economic impact of market concentration in the livestock industry. This research aims to provide detailed data on how consolidation affects farmers, ranchers, and consumers, particularly in states like Iowa and Minnesota, to inform future policy decisions potentially incorporated into the Farm Bill.
- The USDA ERS will be tasked with producing data-driven insights on livestock market consolidation, creating potential research contract opportunities for economic and agricultural analysts.
- Procurement professionals should note the legislative focus on livestock industry data, which may lead to forthcoming solicitations for research services or data analysis related to agricultural market structures.
- This initiative highlights the federal government's interest in addressing market concentration impacts, signaling opportunities for vendors specializing in economic research and agricultural policy analysis.
- Organizations involved in livestock industry supply chains should evaluate how this research could influence future regulatory or funding priorities affecting procurement strategies.
Consolidation in the meat and poultry industry impacts Iowa producers and consumers alike, and right now, theyβre feeling the squeeze. The current patchwork of available data isnβt enough to tackle this problem.
— Chuck Grassley
Just a handful of large companies dominate the meat and poultry processing industry, which means higher prices for consumers and shrinking earnings for farmers.
— Tina Smith
Agencies
Department of Agriculture Economic Research Service, Senate Agriculture Committee