The second Trump administration has paid more attention to antitrust concerns in the agriculture industry, but the episode shows that, in at least some respects, they are trying to ‘reinvent the wheel,’ experts said.
The agreement relates to Bayer’s use of loyalty programs to sell its seeds. Federal authorities have said loyalty programs in the seed industry have raised prices for farmers.
Candidates for Oklahoma governor are spotlighting foreign farmland ownership as a top voter concern, but conflicting claims, carve-outs in state law and gaps in federal data complicate the issue.
Feedlots, where cattle are finished on grain after grazing, are becoming larger. Smaller operations are declining, while the largest feedlots continue to expand their market share, reflecting ongoing consolidation across
Four companies own 85% of US beef production. Independent ranchers say consolidation has narrowed their market options, and past federal antitrust cases have largely ended in fines rather than meaningful changes.
The sale of US soybeans to China may rebound this year, but a fundamental shift in US policy is needed to break farmers out of their current cycle of hardship, agricultural economy experts said during an Investigate Midwest panel Thursday.
Consolidation in ag, higher input prices, land access issues and other obstacles are making it hard for young farmers to gain a foothold in U.S. agriculture.
While ADM admitted no wrongdoing, three former executives, including the chief financial officer, have been named in connection to fraudulently inflating the value of one of its businesses.
