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
The event will be hosted during National Farmers Market Week and will run this summer from Sunday, August 3 to Friday, August 8, daily from 4:00-8:00 p.m. ET.
A slimmed-down Farm Bill is back on the table in Washington, with lawmakers pushing for a deal by Fall 2025. Sen. Jerry Moran of Kansas weighs in with his outlook.