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Corporate Concentration in the US Food System Makes Food More Expensive and Less aAccessible for Many Americans

Yves here. It’s not too hard to notice when the producer of a niche product you like gets gobbled up by Big Food and you hope nothing much will change. But that’s only one facet of the increased concentration in the industry. As this article explains, it has reached the pointe where some incumbents have pricing power. Even though this article focuses on the impact on rural and lower income households, one place where the effect is visible is in organic products, which sell at a 30% or greater premium to conventional versions. Yet I’m told organic food generally costs only 5-10% more to produce. And why should organic products placed out of the reach of lower income households? Shouldn’t they be able to afford food with fewer/no chemicals and additives? ....

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Corporate concentration in the US food system makes food more expensive and less accessible for many Americans

Food production in the US is heavily concentrated in the hands of a small number of large agribusiness companies. That's been good for shareholders, but not for consumers. ....

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