Iowa Public Radio | Some Iowa Farmers See Source of Help in New Jersey Senator’s Anti-Mergers Bill

Iowa Public Radio By Amy Mayer Independent farmers who question the consolidation of farming are finding support from an unexpected ally. New Jersey Democratic Sen. Cory Booker has introduced a bill calling for an 18-month moratorium on mergers and acquisitions in the food and agribusiness sector. North Iowa farmer Chris Petersen says most farmers don’t get any benefits when the large seed and chemical companies pair-up. During several recent marriages, the companies suggested prices for their products would come Read More …

The Atlantic | The Rise of the Zombie Small Businesses

The Atlantic By Annie Lowrey Imagine the farm that raised the chicken that produced the meat that sits in your sandwich: a few workers, thousands of birds, tens of thousands of pounds of white and dark meat, work that starts before dawn and ends after dusk, uncertain revenue, slim profits. There are thousands of these small farms in the United States, and they benefit from millions of dollars of taxpayer support each year. Chicken is America’s favorite protein, after all. Family Read More …

Nationwide Campaign Calls on Aramark, Compass Group, and Sodexo to Reform Unjust Business Practices, Invest in Real Food

Diverse coalition launches campaign to transform business practices in the food service management industry The Community Coalition for Real Meals launched a nationwide campaign today urging the country’s three largest food service management companies  – Aramark, Compass Group, and Sodexo – to reorient their business models away from a system of exclusive relationships with Big Food corporations toward greater investments in Real Food that supports producers, communities, and the environment. The Coalition includes the Domestic Fair Trade Association, Fair Read More …

Brownfield Ag News | New Legislation Would Limit Mergers and Acquisitions

Brownfield Ag News By Larry Lee The leader of the Organization for Competitive Markets tells Brownfield they are getting more support from other groups for a bill that would block any future agribusiness mergers and acquisitions.  Joe Maxwell tells Brownfield, “It’s time to put a stop, hit the pause button on these mega-mergers until the Congress can take a look and see what we need to do in this country to give a fair opportunity for family farmers.” Maxwell says Read More …

The New Food Economy | A Handful of Companies Control American Agriculture. Cory Booker Wants to Change That

The New Food Economy By Sam Bloch n Wednesday, Cory Booker, the Democratic Senator from New Jersey, introduced a bill that would impose a temporary moratorium on mergers and acquisitions between large farm, food, and grocery companies, and establish a commission to strengthen antitrust enforcement in the agribusiness industry. The bill, modeled after legislation introduced by the late “prairie populist” Democratic Senator Paul Wellstone of Minnesota in 1999, would be effective for 18 months, or until more comprehensive legislation is passed to Read More …

Forbes | Why Your ‘Product Of U.S.A.’ Steak May Not Actually Be From A Cow Raised On American Soil

Forbes By Nicole Rasul American shoppers face yet another dilemma in the grocery store aisle. According to a petition submitted to the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) by the Organization for Competitive Markets and the American Grassfed Association, not all meat labeled “Product of U.S.A.” is actually from animals raised within U.S. borders. It is “deceptive and misleading,” says the advocacy organizations in the document. They state that due to an ambiguity in the language Read More …

New Legislation Would Hit Pause on Mega-Mergers

America has a monopoly problem, and no sector is worse than food and agriculture. In just the past two years, chemical and seed company acquisitions and mergers have allowed three companies to control two thirds of the crop seed and nearly 70% of the agricultural chemical markets. The four largest multinational corporations have gained control of 71% of the pork market, 85% of the beef market and 90% of the grain market. Economists agree that more than 40% Read More …

OCM Supports Moratorium on Agriculture and Food Acquisitions and Mergers

New Legislation Introduced by Senator Booker Will Hit the Pause Button on Mega-Mergers In the wake of unprecedented concentration in the agriculture and food sectors, Senator Cory Booker (D-NJ) introduced legislation yesterday to place a moratorium on large agribusiness, food and beverage manufacturing, and grocery retail mergers and acquisitions. S. 3404, known as the Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2018, would also establish a commission to review mergers, concentration, and market power in those Read More …