We underscore once more that concentration restricts competition. We hope that with a renewed commitment from the FTC our recommendations on Unfair and Coercive Business Contracts in the agricultural sector will be considered and implemented
“We’re hopeful that President Biden’s executive order on competition is helpful, but we farmers have been disappointed before.”
The proposed criteria are inadequate and vague, failing to address significant and harmful practices in the livestock industry that are both anti-competitive and detrimental to farmer livelihoods.
Ben Burkett, NFFC former board president raising soy, old growth pine trees and roughly 20 different vegetables in Mississippi, added, “As a 4th generation family farmer this merger concentrates too much seed stock and intellectual property into one company, further declining rural America.”
Based on testimonies and information gathered during the 2010 competition workshops, 85 organizations confirm the urgent need for USDA-GIPSA to exercise its preexisting authority under the Packers and Stockyards Act to address a disastrous loss of competition.
We urge all Members of the House Agriculture Committee and the Congress as a whole to protect a just, transparent, and robustly competitive marketplace for livestock and poultry producers and the rural communities they support. The USDA-GIPSA rulemaking process is critical to the achievement of that goal.
American farmers are feeling the effects of a concentrated seed industry. Seed options are diminishing while prices increase at historic rates. A new report, Out of hand: Farmers face the consequences of a consolidated seed industry, examines these troubling trends, substantiating the U.S. Department of Justice’s investigation into alleged anticompetitive conduct in the seed industry.