The Justice Department’s consent decree “enforces the law against brazen violations that have gone unchecked for decades,” Farm Action said in its comment.
Farm Action’s Joe Maxwell hopes an uptick in concern among legislators over foreign corporate farmland ownership may lead to guidelines for foreign investment.
Farm Action’s research shows that in the past 17 years alone, foreign farmland holdings have doubled in the U.S. and the trend shows no signs of slowing.
Ahead of the 2022 midterms, Farm Action Fund’s Joe Van Wye said efforts to rein in corporate consolidation are expected to continue no matter who ends up in power.
Farm Action praised the USDA’s actions to strengthen the Packers and Stockyards Act, which will benefit farmers, ranchers, small businesses, and consumers.
Farm Action tells Forbes that if the newly-merged Wayne-Sanderson corporation cannot use the tournament system, it may change the entire industry’s dynamics,.
As the DOJ prohibits the use of the poultry tournament system for Cargill-Continental, Farm Action’s Joe Maxwell calls the settlement historic.
As fertilizer prices remain at all-time highs and corporations reap record profits, Farm Action and 23 groups urged USDA to decentralize fertilizer production.
Issuing a report card grading the Biden administration’s work to increase food system competition, Farm Action and Open Markets said time is of the essence.
Farm Action’s Angela Huffman says Congress should use every possible tool to stop monopoly abuses — including a 1914 act authorizing Congress to direct the FTC to investigate antitrust violations.