How USDA’s Egg Prices Data Exposes the Pitfalls of Corporatized Production
Farm Action released a statement and informational memo in reaction to USDA’s latest Egg Markets Overview report and the recent decline in egg prices.
Farm Action released a statement and informational memo in reaction to USDA’s latest Egg Markets Overview report and the recent decline in egg prices.
Farm Action’s letter to FTC and DOJ lays out new evidence on how the highly concentrated egg industry is ripe for manipulation by the dominant egg firms at the expense of both consumers and smaller egg producers.
Internal documents reveal that the USDA failed to meet legal oversight requirements for checkoff programs and enabled the misuse of funds.
Farm Action’s letter to FTC and DOJ lays out new evidence on how the highly concentrated egg industry is ripe for manipulation by the dominant egg firms at the expense of both consumers and smaller egg producers.
“We applaud the FTC for this bold action to bring justice to farmers who have been stripped of their right to repair their own equipment, robbing them of time and money as a result,” said Farm Action’s Joe Maxwell.
The USDA announced it will be finalizing a third Packers and Stockyards rulemaking and withdrawing another.
Cattle ranchers and farmers are being exploited by an anti-competitive market structure, which gives the largest beef packing corporations outsized purchasing power.
“This ruling will make winners out of agrochemical corporations and losers out of everyone else,” Farm Action President Angela Huffman said.
“Today’s ruling is a win for farmers, workers, and consumers alike,” Farm Action President Angela Huffman said.
USDA announced three new efforts to promote fair and competitive markets for farmers and ranchers and lower food prices for consumers.