Big agriculture fights back against Sen. Elizabeth Warren's call to break up industry

  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Sen. Elizabeth Warren's call to break up big agriculture has stirred a debate, but industry groups are fighting back, saying her 'proposals seriously miss the mark.'

Sen. Elizabeth Warren's call to break up big agriculture has stirred a debate, but industry groups are fighting back, with one group saying her"proposals seriously miss the mark."

But big agribusiness groups suggest Warren's policy proposals are detached from reality and say what's needed is a focus on growing exports, not adding regulations. Warren has also been critical of the government's commodity checkoff programs, funded by farmers, that are used to promote products such as soybeans, milk, beef and pork. She backs a bill, reintroduced last week by a bipartisan group of senators, to reform the commodity programs and wants farmer checkoff payments to be voluntary. She said the system is now"rigged against family farmers.

Novak said companies require on average more than 11 years and some $300 million to bring a chemistry product to market. But the considerable time and hefty outlay needed to go through the regulatory process make it tough for small companies to make these investments, he said. She said"conservative estimates" have the merged Bayer-Monsanto with"more than 37 percent" domestic market share of the vegetable seed market and"more than half of the market for some vegetables."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Every time I see Warren in the news it’s about breaking up companies - it’s the only idea she has

Go away crazy women!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elizabeth Warren's finance director leaving campaignMichael Pratt, finance director for Sen. Elizabeth Warren, is leaving her presidential campaign What a shame. I guess you really do need to have finances to have a finance director. might want to audit him. just to be safe.
Source: cnnbrk - 🏆 393. / 55 Read more »

Sen. Warren wants to make it easier to lock up CEOs for company wrongdoingElizabeth Warren proposes bill to make it easier to jail executives for company abuses via YahooFinance YahooFinance She needs to pass a bill that jails Governors, Politicians,Judges, Lawmakers who hoard inmates for funding, and not let ANY person into office or be a judge who has 1 or more DUI's.. YahooFinance How about the politicians that has a history of unacceptable sexual orientations and histories. You know misappropriate actions YahooFinance
Source: YahooNews - 🏆 380. / 59 Read more »