Corn Matters
In this edition of Corn Matters, Minnesota Corn Growers Association First Vice President Todd Wentzel previewed his appearance before the Federal Trade Commission regarding consolidation in the fertilizer industry. Click here.
Articles tagged under: consolidation
Consolidation Intensifies Over Past 25 Years in Fertilizer Sector
Fertilizer prices have been influenced by the conflicts in Ukraine, Russia and the Persian Gulf. The Trump Administration is also considering the price impact due to consolidation in the fertilizer industry. According to information from Farm Doc Daily, the market…
Rollins Blames Consolidation for Rising Farm Input Prices
Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer, National Economic Council Director Kevin Hassett and Agriculture Secretary Brooke Rollins met representatives of the four major fertilizer companies this past week. In an appearance before a House appropriations subcommittee, Agriculture Secretary…
A Sharp Drop in Farm Numbers
New data from the USDA shows continued consolidation, with nearly 150,000 fewer farms over the past five years and more than 21 million acres of farmland lost. The sharp decline in farm numbers highlights a growing trend of smaller operations…
Bipartisan Bill Seeks Study of Livestock Market Consolidation
Senators Tina Smith and Chuck Grassley have introduced bipartisan legislation to study how livestock industry consolidation affects farmers, ranchers, and consumers, citing limited data and growing market concentration. The bill directs USDA research to inform future policy, as consolidation by…
Lawmakers Learn About a Lack of Competition
A Banking, Housing and Urban Affairs subcommittee focused on lowering food prices and consolidation within the ag sector. Farm Action Chief Strategy Officer Joe Maxwell said consolidation is a threat to farmers and consumers. "Today, four corporations control 85 percent of…
Seed Competition Task Force Created
USDA has launched an interagency task force to evaluate competition in the seed industry. USDA officials will be joined by representatives of the Justice Department, Federal Trade Commission and U.S. Patent and Trade Office. An official with the Federal Trade…
Looking for Fairness
National Farmers Union President Rob Larew says the Fairness for Farmers campaign addresses consolidation in agriculture. "It has been a topic for Farmers Union for a long time." There is pressure on farmers to get bigger to cover their costs…
National Farmers Union Creates New Consolidation Campaign
The National Farmers Union launched a Fairness for Farmers campaign to address consolidation in agriculture. In the campaign, NFU is seeking a reform of the Packers and Stockyards Act, an improvement in price discovery and accurate market information. The NFU…
Seeking a Merger Moratorium
A bill has been reintroduced in Congress to place an immediate ban on new acquisitions and mergers in the food and agriculture sector. Montana Senator Jon Tester said consolidation is one of the biggest threats to Rural America. "You have…
