Concentration in Agribusiness: Hearing Before the Committee on Agriculture, Nutrition, and Forestry, United States Senate, One Hundred Sixth Congress, First Session ... January 26, 1999

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Page 118 - The views expressed in this article are those of the author and do not necessarily represent those of the Federal Reserve Bank of Kansas City or the Federal Reserve System.
Page 80 - Institute (AMI), the national trade association representing packers and processors of meat, turkey and other animal protein products. Our member companies slaughter and process more than 90 percent of the meat and over 60 percent of the turkey produced in the United States.
Page 72 - Please update the table that appears on page 153 of last year's hearing record showing the number of auction market failures, the amount owed for livestock each year, and the amount...
Page 117 - US pork producers consume 1.065 billion bushels of corn valued at $2.558 billion. Feed supplements and additives represent another $2.522 billion of purchased inputs from US suppliers which help support US soybean prices, the US soybean processing industry...
Page 21 - MARK R. DRABENSTOTT Vice President and Director, Center for the Study of Rural America, Federal Reserve Bank of Kansas City JOHN T. DUNLOP Lamont University Professor Emeritus, Economics Department, Harvard University WILLIAM D.
Page 37 - Mr. Chairman, Members of the Committee, I want to thank you for holding this...
Page 44 - There are always two parties, the party of the Past and the party of the Future ; the Establishment and the Movement. At times the resistance is reanimated, the schism runs under the world and appears in Literature, Philosophy, Church, State and social customs.
Page 102 - ... specifically requests the following improvements in beef reporting: • Require the reporting of boxed beef sales, prices and volume on a daily basis by the Agricultural Marketing Service/Market News Service. Reports should include forward sales beyond the delivery period currently reported, prices for branded products, sales delivered as priced basis to a futures contract, sales of less than carlot volume and formulated sales; and, in addition to the currently reported Choice/Select price differential,...
Page 65 - The pace of concentration for cow-calf operations has remained well below that of other livestock sectors, as production has remained spread throughout much of the country. The top 10 percent of counties had 34 percent of the total beef cow inventory in 1992, and 32 percent in 1969. On the other hand, fed cattle has become...
Page 17 - Whether in banking, telecommunications, airlines, agriculture, or energy, elected leaders have, at times, protected free enterprise and the consuming public from consolidation of wealth and power. Competition promotes free enterprise, and access to more marketplace information enhances price discovery opportunities.

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