Iowa Sen. Charles Grassley and U.S. Ag Secretary Tom Vilsack both appeared at a U.S. House Ag Committee hearing last week on the state of the meat packing industry, with Grassley specifically focused on issues of price discovery in the beef market.

“It is now time for Congress to act. Iowans rely on market information provided by mandatory price reporting. They need that information to run their businesses,” Grassley said...