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Shining Light on Farm & Food Policy for 20 Years.
Thursday, April 18, 2024
An Agriculture Department letter warning the largest makers of corn, soybean and cotton seeds to double-check their compliance with labeling requirements is being welcomed by some groups as a step toward the agency’s goal for a fairer seed marketplace, while others would rather see the agency tackling other seed competition issues.
USDA has rolled out a series of steps to further the Biden administration's efforts to address consolidation pressure in agriculture, including a series of near-term steps detailed in a lengthy report about the current state of the American seed industry.
How about input prices linked to outcomes? Supporters say it could be another tool for farmers to offset financial risk at a time when weather, trade, and commodity price uncertainty are plaguing the market.
Even though it wasn’t at the table for the talks between Bayer and Monsanto that led to a unification of the two companies, BASF still stands to gain significantly from the changes brought about in a new business climate.
Farmers, who were unable to get into their soggy fields to plant corn due to record rainfall this spring, are not only faced with bags of seed they can't use, they are also looking for warm season cover crop seeds which may be difficult to find.
