Senate Judiciary Committee Examines Competition Issues in Seed, Fertilizer

Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits.

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.

LATEST STORIES BY THIS AUTHOR:

Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
Join the conversation on RURAL AMERICA LIVE — Tonight at 7:30 PM ET, only on RFD-TV.
Heidi Exline with American Farmland Trust shares how their Farm to School initiative helps strengthen the connection between local farms and school food programs.
Dr. Jeffrey Gold, President of the University of Nebraska, notes that many heart-related conditions can be prevented through lifestyle changes.
Support policies that keep U.S. biofuels at the table—marine demand could materially lift corn grind, crush margins, and rural jobs.