SRES 351 · 93th Congress ·

Resolution relating to an investigation of price spreads and margins for livestock, dairy products, poultry, and eggs.

Introduced 1974-06-26· Sponsored by Sen. McGovern, George [D-SD]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Measure passed Senate.(1974-08-02)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Senate that the Federal Trade Commission undertake immediately an investigation of margins that exist between farm prices of specified commodities (including livestock, dairy products, eggs, and poultry) and prices at retail, to determine: (1) the margins that exist now and have existed in the past for the specified commodities; (2) the changes in the relative values of the items that comprise the margin; (3) whether these margins fully reflect appropriate farm price changes; (4) whether any important level in the food marketing chain experienced any losses since August of 1973; (5) profits of each important level in the food marketing chain; and (6) on a preliminary basis, whether market power concentration exists to the extent that such concentration impedes competitive forces.…

Summarized by Claude AI · Non-partisan · For informational purposes only