In action June 16, the U.S. House of Representatives passed by a vote of 221-204 H.R. 7606, the Lower Food and Fuel Costs Act, which lead Democrat authors say will help address supply chain risks, lower the cost of food and gas prices, strengthen the food supply chain and ensure robust competition in the meat and poultry sector.
In a statement of administration policy in support of the bill, the administration notes, “Farmers today are squeezed between concentrated market power in the agricultural input industries, be it…