Initiatives set to reshape fairness in farming and food pricing
The U.S. Department of Agriculture (USDA) today announced a series of actions under the direction of President's Executive Order to enhance fairness in the American agricultural market. These actions, announced by Agriculture Secretary Tom Vilsack at a White House event, aim to correct market imbalances and reduce food prices.
One significant action is the enhancement of seed competition. The USDA is using its resources to facilitate better access to seed germplasm for researchers, which will allow for the development of a wider variety of seed products under fairer terms.
Additionally, a new report released by the USDA today highlights anticompetitive practices in the meat retail industry, including hidden fees and pricing strategies that disadvantage consumers and small producers.