IDEAS home Printed from https://ideas.repec.org/a/fip/fedker/y1999iqip63-71nv.84no.1.html
   My bibliography  Save this article

Consolidation in U.S agriculture : the new rural landscape and public policy

Author

Listed:
  • Mark Drabenstott

Abstract

The year just past was one of turbulent markets and unmet expectations for most of U.S. agriculture. Public and private attention focused mainly on the steep drop in farm commodity prices, and when the soggy markets might show signs of recovery. Yet while they captured most of the headlines, weak prices were also contributing to subtle, and some not so subtle, changes in U.S. agriculture. Taken together, these changes amounted to a new wave of consolidation that spread throughout the industry. Consolidation is certainly not new in agriculture---it has been underway for most of the 20th century. What is new is the type and speed of the consolidation. The consolidation is receiving widespread attention, but many observers overlook how it will redraw the economic landscape in rural America, posing formidable new challenges for many rural communities.> In testimony before the Senate Committee on Agriculture, Nutrition, and Forestry in January, and the House Committee on Agriculture in February, Drabenstott addressed the two key questions that surround this critical topic. First, what does consolidation mean for U.S. agriculture and its participants? And second, what issues, if any, does the new wave of consolidation pose for public policy?

Suggested Citation

  • Mark Drabenstott, 1999. "Consolidation in U.S agriculture : the new rural landscape and public policy," Economic Review, Federal Reserve Bank of Kansas City, vol. 84(Q I), pages 63-71.
    • Handle: RePEc:fip:fedker:y:1999:i:qi:p:63-71:n:v.84no.1
    as

    Download full text from publisher

    File URL: https://www.kansascityfed.org/documents/1426/1999-Consolidation%20in%20U.S.%20Agriculture:%20The%20New%20Rural%20Landscape%20and%20Public%20Policy.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kinsey, Jean D., 1998. "Concentration Of Ownership In Food Retailing: A Review Of The Evidence About Consumer Impact," Working Papers 14329, University of Minnesota, The Food Industry Center.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Poray, Michael C. & Gray, Allan W. & Boehlje, Michael & Preckel, Paul V., 2003. "Evaluation of Alternative Coordination Systems Between Producers and Packers in the Pork Value Chain," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 6(2), pages 1-21.
    2. Weatherspoon, Dave D. & Oehmke, James F. & Raper, Kellie Curry, 2000. "An Era Of Confusion: The Land Grant Research Agenda And Biotechnology," Staff Paper Series 11559, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    3. Weatherspoon, Dave D. & Oehmke, James F. & Raper, Kellie Curry, 2000. "Identity Crisis: Land Grant Research In The Biotechnology Era," Staff Paper Series 11737, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    4. Jon H. Hanf & Silva Atoyan & Linda Bitsch & Taras Gagalyuk, 2019. "Supply chain networks in the Armenian agribusiness: Setting a benchmark," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(2), pages 359-378.
    5. Raper, Kellie Curry, 1999. "Status Of Agricultural Market Consolidation And Concentration Testimony At Michigan Senate Agricultural Preservation Task Force Hearing," Staff Paper Series 11477, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    6. Shively, David & Parcell, Joesph, 2014. "The Market Effects of Low Oligosaccharide Soybeans," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162549, Southern Agricultural Economics Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Davis, David E., 2009. "Price and promotion effects of supermarket mergers," SDSU Working Papers in Progress 12009, South Dakota State University, Department of Economics, revised Jun 2010.
    2. Scott Bradford & Alexandre Gohin, 2006. "Modeling Distribution Services and Assessing Their Welfare Effects in a General Equilibrium Framework," Review of Development Economics, Wiley Blackwell, vol. 10(1), pages 87-102, February.
    3. Griffith, G.R., 2000. "Competition in the Food Marketing Chain," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 171911, Australian Agricultural and Resource Economics Society.
    4. Minten, Bart & Reardon, Thomas & Sutradhar, Rajib, 2010. "Food Prices and Modern Retail: The Case of Delhi," World Development, Elsevier, vol. 38(12), pages 1775-1787, December.
    5. Jason Konefal & Michael Mascarenhas & Maki Hatanaka, 2005. "Governance in the Global Agro-food System: Backlighting the Role of Transnational Supermarket Chains," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 22(3), pages 291-302, September.
    6. McCluskey, Jill J. & O'Rourke, A. Desmond, 2000. "Relationships Between Produce Supply Firms And Retailers In The New Food Supply Chain," Journal of Food Distribution Research, Food Distribution Research Society, vol. 31(3), pages 1-10, November.
    7. Johan F.M. Swinnen & Anneleen Vandeplas, 2010. "Market power and rents in global supply chains," Agricultural Economics, International Association of Agricultural Economists, vol. 41(s1), pages 109-120, November.
    8. Lashawn Richburg Hayes, 2000. "Do the Poor Pay More? An Empirical Investigation of Price Dispersion in Food Retailing," Working Papers 825, Princeton University, Department of Economics, Industrial Relations Section..
    9. Wendt, Minh & Kinsey, Jean D. & Kaufman, Phillip R., 2008. "Food Accessibility in the Inner City: What Have We Learned, A Literature Review 1963-2006," Working Papers 37625, University of Minnesota, The Food Industry Center.
    10. Lashawn Richburg Hayes, 2000. "Do the Poor Pay More? An Empirical Investigation of Price Dispersion in Food Retailing," Working Papers 825, Princeton University, Department of Economics, Industrial Relations Section..
    11. Smith, David & Trant, Michael, 2002. "Performance in the Food Retailing Segment of the Agri-Food Chain," Agriculture and Rural Working Paper Series 28028, Statistics Canada.
    12. Alan Barkema & Mark Drabenstott & Nancy Novack, 2001. "The new U.S. meat industry," Economic Review, Federal Reserve Bank of Kansas City, vol. 86(Q II), pages 33-56.
    13. Davies, Terry & Konisky, David M., 2000. "Environmental Implications of the Foodservice and Food Retail Industries," Discussion Papers 10761, Resources for the Future.
    14. Burroughs, Rick & Harper, Deborah, 2002. "An Analysis of Profits within the Canadian Food Processing Sector," Agriculture and Rural Working Paper Series 28018, Statistics Canada.
    15. Figui, Muriel & Moustier, Paule, 2009. "Market appeal in an emerging economy: Supermarkets and poor consumers in Vietnam," Food Policy, Elsevier, vol. 34(2), pages 210-217, April.
    16. Davis David E., 2010. "Prices, Promotions, and Supermarket Mergers," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 8(1), pages 1-27, November.
    17. Griffith, Garry R., 2000. "Competition in the food marketing chain," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(3), pages 1-35.
    18. Corstjens Marcel & Vanderheyden Ludo, 2010. "Competition, Risk and Return in the US Grocery Industry," Review of Marketing Science, De Gruyter, vol. 8(1), pages 1-28, June.

    More about this item

    Keywords

    Agricultural prices; Agriculture;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedker:y:1999:i:qi:p:63-71:n:v.84no.1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zach Kastens (email available below). General contact details of provider: https://edirc.repec.org/data/frbkcus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.