Nearly 50 agribusinesses, producer and processor groups sent letters to the Senate Agriculture Committee today urging senators to oppose a competition title in the farm bill. The committee is expected to mark up a proposed competition title early next week.
In an unprecedented, unified
approach, the groups expressed confidence in
existing laws' ability to ensure fair
competition in agriculture and cautioned
against the economic harm the proposed
competition title could bring to agriculture
"Saddling our businesses
with the cumbersome and unnecessary rules
contained in this competition title could cause
a flight of capital investment away from U.S.
agriculture, hurting rural America and its
workers at a time when the Senate Agriculture
Committee is wrestling with strategies to
strengthen these communities," the letter from
agribusinesses and processors stated.
Producer groups said, "Statutory and
regulatory burdens that focus on agriculture -
ignoring the broader economy - inhibit the
ability of agribusiness to attract the
necessary capital to stay competitive and
provide innovative risk management solutions."
To view the letters, click on http://www.meatinstitute.org/Template.cfm?Section=IndustryStructure&NavMenuID=227&template=TaggedContentFile.cfm&NewsID=438
AMI, Agribusinesses, Producer Groups Oppose Competition Title in Farm BillTuesday, November 6, 2001