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 …
Tag: market concentration
Special Commission Appointed to Investigate Packers Makes Report
National Farmers’ Union | Salina, Kansas | August 22, 1918 Declare the Five Big Packers Control One-Half of Meat Supply of Allied Nations — Have Used Their Power to Manipulate Livestock Market. President Wilson has made public the recently filed report of the special commission appointed some time ago to investigate the alleged monopolies tie to the control of the meat industry by the big packing companies. The commission declares that the five big packers control half of Read More …
It’s Called Stealing – What Big Retailers and Meat Packers are Doing to Cattlemen
Fifteen years ago, in responding to the question of why producers were receiving so little for their livestock, Dr. John Helmuth (economist, meat industry expert, and longtime critic of meat industry consolidation) said, “There is an economic term to describe this phenomenon: It is called stealing.” Compared to a competitive time in the industry in the 1970’s, the monopoly power of the big retailers and meat packers has left today’s cattle producers nearly $600 per head short of Read More …
“They (BIG Ag) suck the wealth from our rural communities”
In 1980 there were 62,000 hog farmers in Missouri, today in this country there are 67,000 left. Joe Maxwell discusses the power of BIG Ag and market concentration at the Local Foods Summit, on February 11th 2013, hosted by Mile High Business Alliance. Joe Maxwell a fourth generation Hog Farmer from Missouri and Vice President, Outreach and Engagement for The Humane Society of the United States, Maxwell works directly with family farmers, helping them organize into producer groups Read More …
What’s Ahead for American Agriculture?
Thomas F “Fred” Stokes President After attending an OCM retreat near Kansas City in 2000, noted writer William Greider wrote an article containing this rather apocalyptic bit of prophecy. “The contemporary triumph of free-market capitalism has revealed to farmers, if not to other Americans, the bitter last act in this drama. Farmers can see themselves being reduced from their mythological status as independent producers to a subservient and vulnerable role as sharecroppers or franchisees. The control of food Read More …