Livestock Packer and Producer Fairness Act of 2002

[AI summary unavailable — showing source text] Livestock Packer and Producer Fairness Act of 2002 - Amends the Agricultural Marketing Act of 1946 to establish minimum per plant per reporting day purchase and slaughter requirements through spot purchases from nonaffiliated producers for a covered packer: (1) that is a cooperative; and (2) that is not a cooperative. Sets forth transitional requirements for a covered packer with a specified captive cattle supply. Defines "cooperative," "covered packer," "nonaffiliated producer," and "spot market purchase."…