(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Fair Contracts for Growers Act of 2007 - Amends federal law provisions concerning arbitration to define "livestock," "livestock or poultry contract," "livestock or poultry grower," and "poultry."
Allows the use of arbitration to resolve a controversy as provided for under a livestock or poultry contract only if, after the controversy arises, both parties consent in writing to use arbitration.
Directs the arbitrator to provide to the parties to the contract a written explanation of the factual and legal basis for an award.