Many rural communities find themselves losing their retail base. Local retailers are competing with Internet retailers who do not have to collect sales tax if they do not have a physical presence in that state.
Policy & Politics
Pre-harvest food safety has become a topic of increasing focus, particularly in the beef industry. USDA’s Food Safety and Inspection Service (FSIS) announced that their next step in reducing E. coli is through pre-harvest intervention, and they have repeatedly re-stated their intentions.
The Mississippi River is used to transport agricultural goods from across the country. There is a problem with silt/soil removal along the Mississippi River, causing barges and carriers to load their cargo in increasingly shallow waters.
From their inception in the mid-19th century, futures markets have functioned as an important tool for agricultural producers to transfer their price risk to other investors.
Foreign animal disease outbreaks have the potential to create massive financial losses in the livestock sector through loss of access to foreign markets, a decline in meat demand by domestic consumers, and direct production losses (death loss and morbidity).