Antitrust enforcers dealt two major challenges to corporate power at different ends of the food supply chain over the past two weeks.
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New USDA rule could clear the way for farmers to challenge meatpackers for retaliation and discrimination. Plus USDA commits $15 million to boost state attorneys general.
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In its final days, the Trump administration finalized narrow and industry-friendly Packers & Stockyards rules that will leave farmers with little recourse if they are abused by meatpackers.
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Last month, the USDA’s Agricultural Marketing Service announced that the world’s largest meatpacker, JBS, made inaccurate and non-transparent payments during early 2018 to ranchers at its Grand Island, Nebraska plant.
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Almost a century ago, in 1921, Congress passed the Packers & Stockyards Act to protect America’s farmers and ranchers from meat packing monopolies. Last week the Department of Agriculture quietly eliminated the independent office tasked with enforcing that law, the Grain Inspection, Packers, and Stockyards Administration (GIPSA). The change was the single biggest in agricultural antitrust regulation since Congress passed the original Act.
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