Effective Aug. 25, beef exporters must file on weekly basis information concerning the quantity, country of destination, and marketing period of their shipments for export sale. Any individual who knowingly fails to report this information will be fined up to $25,000 and/or imprisoned for up to one year, the USDA said.
The USDA will publish a compilation of the information from these weekly reports following the week of reporting.
“The addition of fresh, chilled, or frozen muscle cuts of beef to the reporting program should provide the livestock sector with quality up-to-date information and data for preparing accurate analysis of changing market conditions and providing relevant foreign market demand information to farm-level decision makers,” the USDA said.
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