Posts Tagged ‘eric holder’

Looking Back at a Year of Ag Industry Consolidation Workshops, Ahead of Finale This Week

December 6th, 2010  By Siena Chrisman

Over the last year, in towns around the country, thousands of farmers, ranchers, and concerned citizens have packed auditoriums to overflow capacity–not for a rock concert or even a farm auction, but for the leaders of the Department of Justice (DOJ) and the USDA. The departments have been on a listening tour, taking them from Iowa to Alabama and Wisconsin to Colorado, to hear from food producers about how corporate consolidation in food and agriculture markets has affected their livelihoods. Next stop? Washington, DC, this Wednesday, December 8. Read More

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Department of Justice to Explore Competition in Agriculture

August 6th, 2009  By Paula Crossfield

Yesterday, the news wire sparked with some really good news — Attorney General Eric Holder and Secretary of Agriculture Tom Vilsack are joining together to hold public discussions on “competition issues affecting the agriculture industry in the 21st century and the appropriate role for antitrust and regulatory enforcement in that industry.” This is the first time any such talks will have been held on an industry that is massively consolidated and under-regulated.

For example, did you know that in 2006, 83.5% of beef-packing was controlled by 4 companies, same goes for 66% of pork packing, 58.5% of the chicken processing and 55% of turkey processing. Similar numbers exist for the seed companies, the grain processors bringing animal feed to feedlots and HFCS to most of the packaged foods in the supermarket, and the supermarket retailers themselves. Numbers this high indicate a lack of competition. Read More

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