 The 2002 Senate Farm Bill: The Ban on Packer Ownership of LivestockNeil E. Harl, Roger A. McEowen and Peter C. Carstensen Staff General Research Papers Archive from Iowa State University, Department of Economics Abstract: The packer ownership amendment is a congressional attempt to address existing problems in the competitive environment of the livestock industry. Because the amendment permits contractual arrangements between packers and producers unless the producer no longer materially participates in the management of the operation with respect to the production of livestock, the claimed harms arising from the amendment are likely to be less significant than claimed offsets by the potential benefit to the marketplace. If any negative market effects occur, such effects will likely be the result of packers exercising power over the marketplace. The economic fundamentals, apart from strategic behavior, do not warrant such dire claims. In addition, irrespective of the merits of the economic argument that contracting and alliances in livestock production are essential to efficiency and competition, the amendment?s ban on packer ownership will not bar producers and packers from entering into such agreements. Date: 1991-02-01 Published in Drake Journal of Agricultural Law, February 1991, vol. 7, pp. 267-304 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:10093 Access Statistics for this paper More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.