Source: MORNING AG CLIPS, 5/31/22

The U.S. Department of Agriculture has announced a proposed rule under the Packers and Stockyards Act that would do nothing to lower food prices, increase competition or reduce inflation, which is a result of policies like these from the Biden administration. “This is a solution in search of a problem,” said NCC President Mike Brown. “The last thing the Biden administration should be doing is pushing increased regulations, red tape and costs onto businesses at a time of record inflation and input costs, threatening food security and potentially raising grocery bills even further for Americans.

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