Justice Department and USDA Reaffirm and Expand their Partnership to Protect Competition in Agricultural Inputs

Why it matters

The DOJ and USDA expanding their partnership to protect competition in agricultural inputs represents a significant regulatory and structural event with potential broad consequences for market competition, pricing, and credit conditions in the agricultural sector, relevant to finance professionals involved in lending and investment in this industry.

Sources

• DOJ Antitrust

  Justice Department and USDA Reaffirm and Expand their Partnership to Protect Competition in Agricultural Inputs

  Attorney General Todd Blanche and Secretary of Agriculture Brooke L. Rollins have agreed to a Memorandum of Understanding (MOU), building on the joint progress of the Department of Justice and Department of Agriculture to strengthen competition for agricultural inputs. Under the MOU, the agencies will expand their strong cooperation with respect to food and agricultural inputs, such as feed, fertilizer, fuel, seed, equipment, pesticides, among other essential goods.