The TSTA staff sincerely appreciates your understanding for any possible lapses in rapid and thorough communication over the past several weeks. Our legislative director, Denise, has been largely preoccupied with a family health issue. Denise's Mother was placed in hospice a little over a week ago following a surgical procedure. The entire family has done its best to spend as much quality time together as possible over the last several weeks.
We hope all of you had a splendid celebration of our Nations 247th anniversary! Happy Independence Day!
USDA TO HOLD WEBINAR "CONCENTRATION AND COMPETITION IN U.S. AGRIBUSINESS"
Source: Economic Research Service, USDA
Date: Tuesday, July 11th, 2023
Time: 1:00 PM ET
Duration: 1 hour
Presenter: James MacDonald
Market concentration, and its impact on competition, has attracted growing public scrutiny. Critics argue that many industries have grown too concentrated, with fewer firms competing with one another and a consequent weakening of competition.
The issues surrounding concentration extend to agribusiness, particularly to three agribusiness sectors where concentration has increased over time: seeds, meatpacking and food retail.
During this webinar, ERS Agricultural Economist James MacDonald will present findings in Concentration and Competition in U.S. Agribusiness.
To view the report click here.
This report details consolidation in each of these industries, explains the driving forces behind increased concentration, and examines public policies aimed at encouraging competition, with a focus on the implementation of merger policy.
To register for the webinar click here.
Editor's Note: This webinar will address issues specific to the seed industry. We strongly encourage you to participate and endeavor to be informed about what the federal government intends to do regarding "lack of competition due to consolidation" in the seed industry. Remember; they're from the government and they're here to help, and if you're not at the table you may be on the table.
Source: USDA news release
USDA, Economic Research Service has scheduled a webinar on the report Concentration and Competition in U.S. Agribusiness at 1 p.m. EDT on Tuesday, July 11, 2023. During the webinar, ERS Agricultural Economist James MacDonald will present findings in three agribusiness sectors where concentration has increased over time: seeds, meatpacking, and food retail. For more information or to register, click here
Prices farmers paid for crop seed increased significantly faster than the prices farmers received for crop commodities between 1990 and 2020. During that period the average price farmers paid for all seed rose by 270 percent, while the crop commodity price index rose 56 percent.
For crops planted predominantly with genetically modified (GM) seed (corn, soybeans, and cotton), seed prices rose by an average of 463 percent between 1990 and 2020. During this period, GM seed prices peaked in 2014 at 639 percent above 1990 price levels.
Despite their higher cost, GM crop varieties have provided significant productivity gains for farmers, partly through higher yield, but also by lowering farm production costs. For example, GM traits for insect resistance reduce the need for insecticide applications.
Similarly, GM traits for herbicide tolerance provide a substitute for mechanical tillage, thus reducing labor, machinery, and fuel previously used for controlling weeds.
We have received a resume from a semi-retired gentleman with extensive management experience in the Texas seed industry looking for active employment. He's in the Palacios area and may be flexible on locations and responsibilities. He's managed people, projects, programs, websites, and has good experience as a trainer.
If you are looking for an experienced hand let us know and we'll be happy to forward his resume and contact information for your consideration. Message by hitting "reply" to the email by which this Weekly Update arrived.
Free Download of Guidelines for the establishment and management of seed testing laboratories. This is an interesting and well put-together document you may want to take a look at and keep for your files.