OCM Newsletter
October, 1999
OCM opposes Cargill merger
Actions speak louder than words. While claiming
to protect competition, Joel Klein's Antitrust Division has entered into a
consent decree which, if approved by a federal judge, would allow Cargill to
purchase Continental Grain's 70 elevators. The deal would allow Cargill
unprecedented control of U.S. grain and oilseed exports. (Continental
Grain has now changed its name to ContiGroup Companies, Inc.)
The OCM has denounced the merger and has called upon
the Attorneys General of several states sue to prevent it from going forward.
According to OCM member Jon Lauck, inadequate federal efforts force states to
fill the vacuum. "Given the grave consequences of the merger for
farmers, state attorneys general should heed the call to arms," according
to Lauck. Lauck's letter to the Department of Justice can be viewed on the
OCM web site.
Smithfield buys Murphy Farms and Tyson's Hog Group
Smithfield Foods, Inc., already the worlds largest hog
producer and hog processor, agreed to acquire the second largest hog producer in
the country, Murphy Family Farms, Inc. and Tyson's pork production unit.
Smithfield stated that it has a "commitment" to vertical integration.
The two mergers will, if not prevented, increase Smithfield's level of vertical
integration to 68% and raise its share of the U.S. hog population to 13%.
The American Farm Bureau Federation, championed in one
agribusiness promotional publication as leading the way to more consolidation,
weakly stated the Smithfield acquisition of Murphy "fuels growing concern
about concentration" in agriculture. Farm Bureau president Dean
Kleckner called for antitrust review of the merger.
Unfortunately, antitrust laws will likely be of little
use because Smithfield will still have less than 15% of hog production, not much
in the eyes of a multi-industry antitrust regulator. Unless a ban on
packer feeding occurs, as well as changes to antitrust laws, vertical
integration in livestock will continue to increase. Open markets will be
replaced by internal accounting and complexity management.
Price discrimination law temporarily defeated
In a defeat for independent agriculture, the American
Meat Institute's (AMI) suit against South Dakota's price discrimination law
prevailed. The South Dakota Attorney General's (AG) spartan resources
could not compare with the legal talent hired by AMI. Astonishingly, Judge
Charles Kornmann bought AMI's argument that banning price discrimination
provided no public benefit and only harmed markets.
While a ban on price discrimination should be
nationwide, state laws are necessary as well. The South Dakota AG failed
miserably in his defense of the law - a law which the citizenry fought for but
the governor and attorney general did not want. The AG could have garnered
proof of price discrimination and its harmful effects but neglected to do so.
Now the AMI has challenged a similar price
discrimination law in Missouri. Astonishingly, the Missouri Cattleman's
Assn. joined in challenging the law. In August, AMI achieved a temporary
injunction against enforcement. A full trial has yet to be scheduled.
State senator Joe Maxwell and other legislators in Missouri remain committed to
defending prohibitions against price discrimination.
Seaboard's reckless expansion
Despite forecasts for continuing low hog prices
Seaboard Farms, Inc. of Merriam Kansas, is pushing ahead with permit
applications in Kansas numbering 270,000 head of hogs in capacity. In
addition, the company has proposed sites for at least another 190,000 head and
are looking for additional sites. These swine finishing units will produce a
total of about 1.15 million head each year and will be concentrated in Kearny,
Wichita, Scott and Wallace Counties. Apparently these animals will be
slaughtered at Seaboard's Guymon plant since the company hasn't begun work in
Great Bend.
This massive expansion is occurring in the face of USDA
forecasts of increased pork production in 1999 and 2000, stocks rising from
already high levels and increased pressure on already low prices. In June
the USDA stated that prices were also coming under pressure from imports of
hogs. The expansion in Kearny County follows voters' overwhelming
rejection of corporate hog farming in 1994. Seaboard is getting around
this vote by using contractors who own the land but not the hogs.
R-CALF hearing at the ITC
The U.S. International Trade Commission (ITC) held a hearing
yesterday (October 6, 1999) in Washington, DC, regarding the antidumping and
countervailing duty petition brought by the Ranchers-Cattlemen Action Legal Fund
(R-CALF) concerning live cattle imports from Canada. R-CALF alleges that as a
result of unfair trade practices, dumped and subsidized Canadian cattle have
cost the U.S. industry $1 billion annually, not including the supply impact.
The purpose of the hearing was to assist the ITC in
determining whether dumped and/or subsidized Canadian cattle are causing harm to
the U.S. cattle industry. The ITC will release its final determination regarding
the investigations in early to mid-November.
Forty-four cattle producers representing a large number of regional, state, and
national organizations attended the hearing and described to the ITC's six
commissioners the depressed state of the cattle industry and the link between
dumped Canadian cattle and low prices in the U.S. market. For more
information, call John Lockie at 406-322-4169.
Federal Antitrust Budget
For a fuller enforcement ability of antitrust law, it
is essential that the Antitrust Division of the Department of Justice and the
Federal Trade Commission have adequate funding. The Senate has
appropriated a substantial increase to both agencies while the House has not.
The decision now goes to a joint conference committee for resolution.
The Organization for Competitive Markets has joined the
American Antitrust Institute and many other organizations in calling for the
full requested budget increase for both agencies. Global and national
cartels would like nothing better than to defund the federal antitrust effort.
DuPont's "dirt-to-dinner" strategy
DuPont has defined a "dirt-to-dinner"
strategy which will, if successful, lead to control of a huge swath of the
lucrative food business through vertical integration. As the name of the
strategy suggests, DuPont will use the power of biotechnology to force
independent farmers to produce row crops under contract. Once farmers are
decoupled from the open market system and under contract, DuPont can squeeze
them more and more each year through more onerous contract terms - similar to
the poultry industry example.
Monsanto publicly stated that their goal was vertically
integrating agriculture in a meeting last December. Yet the USDA, National
Corn Growers Assn., American Soybean Assn., and the ag trade press blindly cheer
biotechnology to "feed the world." These institutions need to
refocus on preserving independent farmers and ranchers, not preserving profits
for global cartels and contributing to increased production surpluses.
The market threats caused by biotechnology were
outlined in presentations by Dr. Neil Harl (Iowa State Univ.), Gabriela Flora
(Institute for Ag & Trade Policy) and Dr. Robert Taylor (Auburn Univ.) at
the OCM Annual Meeting in August. Their presentations are available on the
OCM web site.
ADM seeks P&S enforcement
ADM's feed production arm, Consolidated Nutrition
Marketing Corp. (CN) sued Seaboard Corp. in August 1998 alleging numerous
violations of the Packers & Stockyards Act. Seaboard produces 70% of
the hogs it slaughters in Oklahoma. It procures the balance from the open
market or via contract, according to Steve Marbery of Feedstuffs. CN
supplies some of those hogs under contract.
Scheduled for trial in Omaha on December 1, 1999, CN
alleges that Seaboard misgraded and misweighed CN's hogs and coordinated
transfers of false carcass merit reports and other information. This may
be a pivotal case in defining unfair practices under the P&S Act.
The case also illustrates the need for the USDA to
embrace the regulation proposed by the Western Organization of Resource
Councils. The proposed rule would allow livestock contracting, but require
all contracts (including packer owned livestock) to be openly traded in a public
market, rather than secretly. This would allow fair market access to all
producers and substantially eliminate collusion and preferential arrangements.
Biotech update
* ADM warned its grain suppliers to begin segregating all GM
crops from conventional crops. This goes beyond refusals to take the few
varieties unapproved by Europe and encompasses all GM crops.
* A Japanese company which is a
subsidiary of Honda Motor Co. will build a plant in Ohio and contract with
farmers to supply it with non-GM soybeans for tofu.
* Two large Japanese breweries announced that they will stop
using GM corn by 2001.
* Mexico's leading producer of corn flour for tortillas will
stop using GM corn.
* Deutche Bank, Europe's largest bank, has issued two reports
in the last six months advising investors to abandon ag-biotech companies like
Monsanto and Novartis. Monsanto stock is down 27% since July, 1998.
* A Brazilian judge ruled that Monsanto's Roundup Ready
soybeans could not be grown in Brazil this year.
GMOs feeding the world?
Peter Rosset of the Institute for Food and Development
Policy asserts that biotechnology is irrelevant to feeding the world. In a
New York Times Op-Ed article, Rosset states that the world today produces more
food per inhabitant than ever before. The real problems are poverty and
income inequality.
Rosset also claimed research shows that none of the
genetically modified (GM) seeds in use significantly increase yields.
Roundup Ready soybeans actually yield less than their conventional counterparts.
Thus, Rosset asserts, the food security claims which biotech companies use to
convert their profit motive into a perceived public benefit are entirely false.
Direct democracy at USDA
The USDA is a finalist in the prestigious 1999
Innovations in American Government Awards as a result of its internet based
rulemaking process on the National Organic Standards. This was the first
time government agency rulemaking has been opened to such a wide audience.
Approximately 290,000 people commented on the poorly written standards and sent
USDA back to the drawing board.
While the proposed organic rules were soundly trounced as too
pro-big business oriented, the USDA deserves credit for submitting the rules to
internet-based scrutiny and comment. Direct democracy is a good step
towards taking our government back from big money contributors, misguided
industry associations and lobbyists.
U.S. Court guts Packers & Stockyards Act
In a major victory for IBP, the Eighth Circuit Court of
Appeals found that IBP's preferential arrangement with a series of feedlots
known as the "Beef Marketing Group" did not lessen competition in
livestock markets and, thus, was not a violation of the Packers & Stockyards
Act (PSA). Many have previously interpreted the PSA's language preventing
"any undue or unjust preference" to any individual to be very strong
language. However, the Court cynically raised the barrier for proving a
preference. The August decision makes clear that the Congress or the USDA
must make rules specifically banning price discrimination.
Dairy industry consolidation
Dean Foods Co. and Suiza Foods Corp. publicly state
their intentions to consolidate the dairy industry. Dean Foods will now
acquire Dairy Express, Inc. in Philadelphia. Suiza will acquire the Valley
of Virginia Cooperative Milk Processors Assn.
Suiza's 1998 annual report states, "The dairy
industry remains fragmented and ripe for further consolidation." If
the poultry and hog models are followed, and they likely will be, processor
concentration will be followed by vertical integration of the dairy production
sector. Anderson-Erickson, an Iowa milk processor, is already
involved in building a joint venture dairy factory farm in Iowa.
Value Added Agriculture
Some state governments are jumping on the "Value
Added" bandwagon by cutting deals with agribusinesses to set up plants to
satisfy new or "alternative" markets. The old-style cooperatives
argue for their existence on grounds that they help bring the farmer closer to
the consumer. However, both these efforts have resulted in continuing
decreases in the farmer share of the consumer dollar.
The best models for "value added" may come
from the sustainable agriculture movement. Small organic vegetable farmers
across the country are grossing $15,000 per acre or more on their land by
selling to consumers directly. Small, low capital cooperatives in the
Northeast U.S. provide a necessary brokerage function for their farmers'
"natural" or organic farm products to tap markets which individual
farmers were unable to access. Pasture raised, low input or organic
livestock producers are garnering markets which often pay double the
conventional market price.
As farmers and policymakers look for alternatives to
get out of the big agribusiness system of agriculture, they may find some models
and lessons in the low-input, small farm community.
Slotting fees and chain space
As independent farmers are being squeezed out of the
slaughter houses due to more limited chain space doled out by the meat packing
cartel, retail grocers are tightening their grip on the ultimate real estate in
the food industry -- supermarket shelves. Retail shelf space displays food
items to consumers to persuade them to undertake the final transaction in the
food chain. Without this final consumer transaction, all food chain
activities which preceded it are for naught.
With retail grocers merging at an unprecedented rate,
they are not only choosing who gets the shelf space, they are charging
"slotting fees" for that space. These slotting fees are paid by
manufacturers to get their goods on the shelf. The farm gate transaction
analogy would be if farmers had to pay fees to get their hogs on the chain in
the packing plant (an analogy which is not such a far fetch).
The Senate Small Business Committee held September
hearings focusing on slotting fees. Senator John Kerry of Massachussetts
said, "At best such a practice would seem… suspicious." It
became evident during the hearing that the manufacturers are fearful of retailer
retaliation for speaking out on the issue. Two witnesses appeared in
"black bags" to protect their identity so big retailers could not
extract economic retribution.
More coop mergers
The old cooperatives continue to merge and further
distance themselves from the interests of their membership. Big coop
management have created organizational structures which reduce the democratic
power of the membership, distribute misleading propaganda, and trounce minority
member rights. The CEO's extract millions in profit as their members go
bankrupt.
The boards of directors of Farmland Industries and
Cenex Harvest States have approved the terms of a merger proposed last May.
The new entity will be called United Country Brands. In a study
commissioned by the National Farmers Union, Dr. C. Robert Taylor of Auburn
University found that the farmer members will receive little or no benefits from
the merger. However, the chief executive officers of the big coops could
each receive between $2.4 and $3.6 million
Dairy Farmers of America (DFA) will form a joint milk
marketing venture with Dairylea Cooperative, Inc. The new venture, to be
called Dairy Marketing Services LLC, will handle about 35% of milk production in
the Northeast U.S.
Land'O'Lakes, Inc. (LOL) and Swiss Valley Farms, both
ag cooperatives, have established a limited partnership to combine their dairy
businesses. Land'O'Lakes has come under considerable criticism for
expanding into production agriculture, especially hogs, to the detriment of
independent farmers. The plants involved would procure milk from LOL and
Swiss Valley members and produce fluid milk, cultured dairy products, and juices
for customers in 13 states. While the coops claim that the agreement will
allow them to "remain competitive", they will likely continue down the
road toward full merger.
OCM Member News
Newly elected OCM President Fred Stokes attended the
National Symposium on the Future of American Agriculture in Athens, Georgia in
August. The event brought in "experts" from across the country.
Roger Malkin, CEO of Delta & Pine Land Company, which essentially dominates
the cotton seed market and is being acquired by Monsanto, spoke about GMO's and
confessed worry about Monsanto's tremendous debt structure. Dr. Dan Sumner
of Univ. of California at Davis made the outlandish comment that consolidation
will feed the world and any attempts to impede this trend are "evil".
OCM member Dr. Jon Lauck has been leading the campaign
against the Cargill merger. Lauck has been critical in persuading state
Attorneys General to oppose the merger. He has also written a broad,
insightful condemnation of the competitive impact of the merger to the
Department of Justice. The letter can be viewed on the OCM web site.