Rollins Announces Suite of Actions to Support American Farmers

Last Week, Secretary of Agriculture Brooke Rollins spoke on the current state of the farm economy in the United States and addressed the ways President Trump is supporting American agriculture. U.S. farm production inputs are significantly more costly than four years ago, putting pressure on farmers’ bottom line. Between 2020 and now, seed expenses have increased 18%, fuel and oil expenses increased 32%, fertilizer expenses increased 37%, and interest expenses increased by a whopping 73%. the U.S. Department of Agriculture (USDA) and the Department of Justice signed a Memorandum of Understanding that represents a joint commitment by both agencies to protect American farmers and ranchers from the burdens imposed by high and volatile input costs while ensuring competitive supply chains, lower consumer prices, and the resilience of U.S. agriculture and the food supply. The Antitrust Division of DOJ will work hand in hand with USDA to take a hard look and scrutinize competitive conditions in the agricultural marketplace, including antitrust enforcement that promotes free market competition.

Source: NAFB