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
Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.
According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
RFD-TV’s farm legal expert, Roger McEowen, digs into the details of both the LRP and the LGM programs, two essential risk management tools for cattle producers.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
Persistently low Mississippi River levels are turning logistics challenges into pricing risks — tightening margins for grain producers and exporters across the heartland.