Packers and Stockyards Act of 1921

E120163

The Packers and Stockyards Act of 1921 is a U.S. federal law designed to prevent unfair, deceptive, and anti-competitive practices in the livestock, meatpacking, and poultry industries and to protect producers, consumers, and fair trade.

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Statements (52)

Predicate Object
instanceOf United States federal statute
agricultural law
competition law
administeredBy Grain Inspection, Packers and Stockyards Administration
Grain Inspection, Packers and Stockyards Administration
surface form: Packers and Stockyards Division of USDA

United States Department of Agriculture
alsoKnownAs PSA
Packers and Stockyards Act of 1921
surface form: Packers and Stockyards Act
amendedBy Farm Security and Rural Investment Act of 2002
Food, Agriculture, Conservation, and Trade Act of 1990
Packers and Stockyards Act of 1921 self-linksurface differs
surface form: Packers and Stockyards Act amendments of 1976

Packers and Stockyards Act of 1921 self-linksurface differs
surface form: Packers and Stockyards Act amendments of 1987
codifiedIn United States Code Title 7
surface form: Title 7 of the United States Code
codifiedSections 7 U.S.C. §§ 181–229c
country United States of America
surface form: United States
dateEnacted 1921-08-15
enactedBy United States Congress
historicalContext enacted in response to concerns about the market power of the "Big Five" meatpacking companies
jurisdiction United States government
surface form: federal government of the United States
presidentAtEnactment Warren G. Harding
prohibits deceptive practices in livestock and poultry transactions
manipulation or control of prices in the livestock and poultry industries
monopolization or attempts to monopolize in the covered industries
undue or unreasonable preferences or advantages to any person or locality
unfair trade practices in livestock marketing
unjustly discriminatory practices by packers and stockyards
providesFor administrative enforcement proceedings
civil penalties for violations
injunctive relief in federal court
investigations by the Secretary of Agriculture
publicLawNumber Public Law 67-51
purpose to maintain fair competition and trade practices in the livestock and poultry sectors
to prevent unfair, unjustly discriminatory, and deceptive practices in the livestock, meatpacking, and poultry industries
to protect livestock producers and consumers
regulates live poultry dealers
livestock dealers
market agencies
meatpackers
stockyard owners
swine contractors
relatedTo Clayton Antitrust Act of 1914
surface form: Clayton Antitrust Act

Sherman Antitrust Act
United States antitrust law
requires maintenance of accurate records by regulated entities
prompt payment to livestock sellers
registration of market agencies and dealers
sectorCovered livestock industry
meatpacking industry
poultry industry
signedBy Warren G. Harding
statutesAtLargeCitation 42 Stat. 159
yearEnacted 1921

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Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Grain Inspection, Packers and Stockyards Administration legalBasis Packers and Stockyards Act of 1921
GIPSA legalAuthority Packers and Stockyards Act of 1921
Packers and Stockyards Act of 1921 amendedBy Packers and Stockyards Act of 1921 self-linksurface differs
this entity surface form: Packers and Stockyards Act amendments of 1976
Packers and Stockyards Act of 1921 amendedBy Packers and Stockyards Act of 1921 self-linksurface differs
this entity surface form: Packers and Stockyards Act amendments of 1987
Packers and Stockyards Act of 1921 alsoKnownAs Packers and Stockyards Act of 1921
this entity surface form: Packers and Stockyards Act
Fair Trade Practices Program legalAuthority Packers and Stockyards Act of 1921
this entity surface form: Packers and Stockyards Act