Will out-of-state investors own a sizable portion of Costco’s chicken production? One investor from North Carolina has applied for permits to build at least 132 chicken houses across nine locations in four Nebraska counties, according to public documents reviewed by Food & Power. Read Claire Kelloway's latest story on how one private equity fund could own a quarter of the chicken houses for Costco’s project in Nebraska.
Read More"Do farmers truly own their tractors if they aren’t allowed to fix them?" writes Open Markets Food & Power reporter Claire Kelloway. "That’s the question posed by the growing Right to Repair campaign." Read her latest piece on the Federal Trade Commission's Right to Repair workshop that brought together small business owners, state lawmakers, trade group representatives, and advocates to explain the different ways manufacturers prevent buyers from fixing their products, and whether or not they are justified.
Read MoreThis week, livestock farmers and advocacy groups from across the country flew to Capitol Hill to share stories of exploitation by large meatpackers and call for greater farmer protections. At issue is a pending rule by the USDA that will clarify farmers’ grounds to sue meatpackers for retaliation, discrimination, and other abusive practices.
Read MoreWalmart sells 50 percent or more of all groceries in one in every ten metropolitan areas and nearly one in three “micropolitan” areas across the country, according to a report by the Institute for Local Self-Reliance, out last week. In 38 of these regions, Walmart sells 70 percent or more of all groceries.
Read MoreLast week, the Governor of Maine signed a law granting loggers and haulers the right to bargain collectively with forest owners and sawmills. Previously, loggers and haulers have had difficulty striking better contract terms with timber buyers because antitrust laws against price fixing prohibit independent contractors from coordinating.
Read MoreLast week, several senators called on the USDA to stop giving federal trade-related farm aid to foreign-owned corporations, particularly Brazil’s JBS, the largest meatpacker in the world. This follows a bill by Congresswoman Rosa DeLauro, D-Conn., that would require USDA’s Agricultural Marketing Service to only purchase foods from American companies, when available.
Read MoreA recent study documenting consolidation and specialization in Alaska’s fisheries over the past three decades illustrates a broader trend taking hold in coastal communities across the country. Catch share programs, a new fisheries management system, are turning fishing rights into tradable commodities, driving up the cost to fish and consolidating fishing rights into the hands of a few wealthy owners.
Read MoreIn a recent letter to government regulators, the National Black Farmers Association (NBFA) argues that the proposed $66 billion takeover of SunTrust by BB&T will harm “rural and economically disadvantaged areas.” In the letter, the NBFA said the takeover will result in fewer rural branches, less competition in the regions where many of their members farm, and cuts in staff and services, particularly those dedicated to anti-discrimination compliance oversight.
Read MoreOn Tuesday, several Midwestern feedlot owners along with the Ranchers-Cattlemen Action Legal Fund (R-CALF) filed a class-action lawsuit alleging that dominant meatpackers conspired to depress cattle prices starting in 2015. The case argues that JBS, Tyson, Cargill, and National Beef strategically cut back on open market cattle bids, closed plants, and imported costly foreign cattle in order to force farmers to accept lower prices and manipulate spot market cattle values.
Read MoreLast month, the nation’s fourth-largest beef packer, National Beef, announced plans to take over Sysco-owned Iowa Premium, a regional packer focused on processing Black Angus steers for the Upper Midwest. National Beef is majority owned by Brazilian firm Marfrig.
Read MoreLast Saturday, Elizabeth Warren, Amy Klobuchar, and other Democratic Party presidential hopefuls gathered in Storm Lake, Iowa at the Heartland Forum to present their platforms for revitalizing rural communities. Preceding the forum, a coalition of farming groups held a rally nearby calling for a moratorium on large agricultural mergers and a Farmers Bill of Rights.
Read MoreMany rural residents – including many farmers – do not want large concentrated animal feeding operations (CAFOs) in their communities, as evinced by a growing number of efforts to halt new CAFOs or sue them for environmental damage. But a newly popular corporate structure for hog production makes it increasingly difficult for residents to even determine who owns a CAFO let alone seek justice through civil suits.
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