The proposed Albertsons-Kroger merger is again under the microscope.
Several lawsuits are currently in the works. At hearings in Colorado and Washington State, lawyers argued the merger would decrease competition and raise prices for consumers. It has been a sticking point for state attorney generals as well as the Federal Trade Commission.
Lawyers for the chains argued Wal-Mart is the real threat, saying they have a significant price lead in the market. No decisions were made this week, and both judges have set deadlines for later next month.
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All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
More than 100 pork producers traveled to Washington to meet with lawmakers and underscore the threat to small family farms.
Now the Senate must pass a version of the spending bill before the Sept. 30 deadline.
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
