The Covid-19 Pandemic has had many effects on the economy of the United States, and particularly hard-hit has been the agriculture and food sector. Not since the Depression have we seen such a disparity between retail and farmgate prices, empty grocery shelves while people clamor for food, and farmers going out of business. Like something straight out of John Steinbeck’s The Grapes of Wrath, farmers are euthanizing livestock, dumping milk, and allowing produce to rot in the fields, Read More …
Currently there is a movement in the cattle industry calling for a mandatory beef cattle cash market volume of 30%. Corbitt Wall is touting it as the biggest thing to hit the cattle industry since Y-Tex eartags, while patting himself on the back like he just invented a new card game. Meanwhile, NCBA has been spending our checkoff dollars developing an online cookbook. Beef producers need Market Reform, not Martha Stewart. Perhaps NCBA could spend less of its Read More …
Between Monday, June 10th and Friday, June 14th the Organization for Competitive Markets led a social media campaign called #BreakUpBigAg to support the Agribusiness Merger Moratorium Act. Organizations and individual advocates published their pictures along with statements in support of the moratorium on Facebook and Twitter. In their pictures, participants were holding posters with facts about consolidation in our farm and food systems. These facts included: “1950s: farmers received 50% of the food dollar. Today: farmers receive 14.8% of Read More …
In a move designed to take a thorn out of the side of the world’s largest meatpackers, U.S. Department of Agriculture (USDA) Secretary Sonny Perdue put the final nail in the coffin of the Grain Inspection, Packers, and Stockyards Administration (GIPSA) by formalizing the elimination of the standalone agency and transferring its delegation to the historically big agribusiness-friendly Agricultural Marketing Service (AMS). Among its duties, the now defunct GIPSA agency was responsible for enforcement of antitrust law in Read More …
Yesterday, straight off her high-profile campaign appearance Monday with Hillary Clinton, Sen. Elizabeth Warren gave a keynote address about industry consolidation in the American economy at a conference at the Capitol put on by New America’s Open Markets program. Though the speech has so far gotten only a modicum of attention—the press being more interested in litigating Donald Trump’s Pocahontas taunts—it has the potential to change the course of the presidential contest. Her speech begins at minute 56:45 Read More …
Daily Yonder – Ag and Trade | 12/30/2013 Unless rural people get organized to stand up to corporate power, the future of rural America will be grim, says veteran Nebraska agriculture attorney David Domina. If you care about rural communities, watch this speech — even if it means skipping a few cat videos. By Tim Marema If farmers don’t get organized and work together, they stand about as much chance of surviving as a lone bird flying into Read More …
“The following was authored by C. Robert Taylor, Alfa Eminent Scholar and Professor of Agricultural Economics at Auburn University and OCM Senior Economic Fellow and published in the Daily Yonder.” (all charts, graphs and illustrations can be found in the Newsletter archives, October 2010 edition) The world’s agriculture depends on a mineral that is declining in production and is controlled by a cartel of companies. Troubling, ain’t it? Modern farming methods depend increasingly on fossil fuels and major Read More …
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