delete PART 206—SWINE CONTRACT LIBRARY
This USDA regulation requires large swine packers (processing 100,000+ swine/year or 200,000+ sows/boars) to submit detailed contract information to a government-maintained 'swine contract library.' Packers must file example contracts within 1 business day of making them available, plus monthly reports detailing contract types, committed swine volumes, and expansion clauses. The information is aggregated by region and made public.
This regulation imposes substantial compliance costs on packers with no demonstrated market failure to justify government monitoring of private contracts. The 1-day deadline for contract submissions is particularly burdensome and punitive. The information collected serves primarily to enable further regulatory intervention, not to correct a genuine market failure that voluntary reporting or private exchanges couldn't handle. Americans would be better off with lower compliance costs and fewer bureaucratic mandates - the market already provides price transparency through competitive forces and voluntary disclosure where needed. The hidden tax of compliance, ultimately passed to consumers, outweighs speculative benefits of government-mandated contract transparency.