NASHVILLE, TENN. (RFD-TV) — Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits. The U.S. Senate Judiciary Committee is currently hosting a Tuesday hearing to examine input costs as part of a full committee hearing on competition issues in the seed and fertilizer industries.
“Now, nobody here wants to punish innovation,” said Sen. Chuck Grassley (R-IA). “We want better yields, healthier soils, quality products, and we’ve been vastly improving in that area for the last 40 years. But we also want competition that’s fair, transparent, and local competition that a farmer can actually express when he or she sits down to make a purchase.”
This is a developing story. We will continue to keep you updated on the hearing on the Market Day Report and Rural Evening News.
Related Stories
Richard Gupton of the Agricultural Retailers Association explains a new resource designed to help farmers comply with ESA-related pesticide label requirements.
Sen. Roger Marshall discusses the Senate’s unanimous passage of the Whole Milk for Healthy Kids Act and what expanded milk options could mean for students and dairy farmers. Industry groups say it is a win for student nutrition and dairy producers.
Lower tariff rates and new rail-service proposals may improve corn movement efficiency during early-season marketing.
Crop producers face tightening credit and lower incomes, while strong cattle markets continue to stabilize finances in livestock-heavy regions.