2017 Summer - Consolidation and competition in agricultural markets

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FPJ1404B - Saitone, TL & Sexton, RJ (2017), Concentration and Consolidation in the US Food Supply Chain: The Latest Evidence and Implications for Consumers, Farmers and Policy-makers

FPJ1404B - Saitone, TL & Sexton, RJ (2017), Concentration and Consolidation in the US Food Supply Chain: The Latest Evidence and Implications for Consumers, Farmers and Policy-makers, in Farm Policy Journal, vol. 14, no. 4, Summer 2017, pp. 1-21, Surry Hills, Australia.

Despite the seeming potential for today’s multi-characteristic agriculture to create profitable niches for small-scale food marketers, food manufacturers in many industries are highly concentrated. This is especially true for farm-product procurement, joined more recently by significant consolidation among grocers and high concentration in local retail markets. These structural conditions are concerning because of their possible implications for market power abuses, the viability of small farms, and overall system performance.

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