How Is the Biden Admin’s Attack on Anti-Competitive Policies Shaping Agriculture?

The Biden administration has set its sights firmly on breaking down anti-competitive practices across a wide range of industries, and the nation’s agricultural sector is beginning to feel the effects.

According to the president, the executive orders the administration has issued are aimed at anti-competitive practices in agriculture like consolidation in chicken procession, meatpacking, sourcing inputs, and more, as well as inaccurate labeling and a lack of alternative distribution systems to support farmers.

So, will these efforts to curtail anti-competitive practices as intended? To get an expert opinion, Voice of B2B Daniel Litwin invited Curt Covington to this episode of B2B Today.

Covington is the Senior Director of Institutional Credit for AgAmerica, a leading non-bank agricultural lender in the U.S. providing debt refinancing, custom land loans and tailored lines of credit for working capital.

The duo dove into the use of already existing laws, such as the Packers and Stockyards Act, to combat anti-competitive practices, as well as reactions from sectors of agriculture being targeted by these recent efforts. For example, the North American Meat Institute said that “these proposed changes will open the floodgates for litigation that will ultimately limit livestock producers’ ability to market their livestock as they choose.”

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

What is Pushing Modular Buildings Practices Through the Roof?
September 17, 2021
 Modular construction has grown tremendously in the past few years, leading many to believe it's a new innovation in the building industry. In reality, it has been around for quite awhile, but has Read more
The Experience Evolution: Prep the Halls—2021 Holiday Shopping Trends and Tips
September 17, 2021
   Did the pandemic rewrite the rules for the holiday shopping season? Is there even a rulebook anymore? As consumers look to engage with their favorite brands across all channels this upcoming Read more
The Next Generation of Energy: Examining Home Power Issues and Channeling Solutions
September 17, 2021
  Jim Sanfemio from Wicked Smart Homes in Sarasota, Florida, joined Rosewater Energy Group’s Joe Piccirilli and Next Generation of Energy host, Tyler Kern, to get down into the nitty-gritty of the issues that Read more