(NDAgConnection.com) – The Senate and House approved legislation that funds federal programs, including the Mandatory Price Reporting program, through Dec. 16.

President Biden was expected to sign into law the continuing resolution, which keeps the government running at current funding levels, before the start of fiscal 2023, which begins Oct. 1.

The price reporting program requires meatpackers to report to USDA the prices they pay for cattle, hogs, lambs, and other information.

USDA uses the data to publish twice-daily reports with pricing information, contracting for purchase, supply and demand conditions for livestock, livestock production, and livestock product values.