Agriculture Secretary Announces Progress on Addressing Competition Issues in Agricultural Markets

Key Points:

• Agriculture Secretary Tom Vilsack has announced progress on the U.S. Department of Agriculture’s comprehensive approach to address competition issues in agricultural markets.
• These efforts aim to create a fairer playing field for small- and mid-size farmers.
• The USDA has finalized the first in a series of rules under the Packers and Stockyards Act.
• The new rules are specifically aimed at helping contract poultry growers compete more effectively and have a better understanding of their agreements with major processing companies.

Closing Paragraph:

This announcement by Agriculture Secretary Tom Vilsack is a positive step towards addressing competition issues in agricultural markets and creating a fairer environment for small- and mid-size farmers. The finalized rules under the Packers and Stockyards Act, specifically targeting contract poultry growers, will help these farmers compete more effectively and have a clearer understanding of their agreements. This is a promising development in the ongoing efforts to support and protect the interests of farmers in the agricultural sector.

Original Article:https://www.usda.gov/media/press-releases/2023/11/08/usda-announces-progress-further-competition-agriculture-level