DOJ's Vanita Gupta speaking to the National Farmers Union saying the agency working closely with USDA on revamp of Packers & Stockyards Act rules on unfair/deceptive acts in agriculture.
Noting that chicken, pork and beef companies are showing records profits, but "consumers are paying more and farmers are earning less," she says. "Just a few buyers have the power to effectively set prices."
Beyond meatpacking, Gupta says @JusticeATR is looking into "excessive concentration" in seeds, fertilizer and farming equipment.
She also says DOJ plans to “vigorously going to police mergers” in agriculture. (👀 cough, Cargill-Sanderson Farms, cough)
Gonna just reupp myself here: politico.com/news/2020/05/2…
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