Ag groups say Wall Street rules should not extend to family farms

Wall Street rules intended for publicly traded companies should not extend to family farms. That is the message the American Farm Bureau Federation and six other agricultural groups sent to the Securities and Exchange Commission. The SEC proposed a rule to require public companies to report on Scope 3 emissions, which are the result of activities not owned or controlled by a publicly traded company but contribute to its value chain. Public companies that produce goods from agricultural products would need to report emissions from the relevant agricultural operations. The farm groups’…