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Retailers Say Small Businesses Are Hardest Hit by Rising Credit Card Swipe Fees

The National Retail Federation and a group of small retailers told Congress today small businesses are the hardest hit by high credit card “swipe” fees that are driving up inflation and that they want to see more competition in the payments market.

“Ongoing and unwarranted increases in swipe fees are especially damaging to small retailers,” NRF Chief Administrative Officer and General Counsel Stephanie Martz said. “We have heard many stories from small retailers about the extreme challenges posed by the current payments system and Visa and..."

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May 5 8:00 PM, General News



Pork Industry Priorities Included in Spending Bill

Congress in early March approved a $1.5 trillion fiscal 2022 budget bill, which keeps government programs running through Sept. 30 and has $730 billion for non-defense spending, including $25.1 billion for agricultural programs, mostly for USDA, with significant amounts dedicated to addressing foreign animal diseases (FADs).

Thanks to the advocacy efforts of NPPC — literally hounding lawmakers about appropriating adequate funds to prevent, prepare for and respond to FADs and arguing for other priorities — Congress listened, giving the pork industry almost everything it requested.

It’s been a difficult Congress to...

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Mar 31 8:00 AM, General News


Pork Producers Lobby Lawmakers on Issues

Preventing foreign animal diseases, addressing a shortage of agricultural workers and reauthorizing a livestock price reporting law are the primary issues on which pork producers will lobby their congressional lawmakers over the next two days, during the fall Capitol Hill fly-in of the National Pork Producers Council. More than 100 producers from across the country are expected to participate virtually in NPPC’s Legislative Action Conference.

“These are critical but by no means the only issues of concern to U.S. pork producers,” said NPPC President Jen Sorenson, communications director for Iowa Select Farms in...

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Dec 2 8:00 AM, General News


NCBA Vice President Urges Congress to Listen to Producers on Cattle Markets

Today, NCBA vice president and South Dakota rancher Todd Wilkinson testified before the U.S. House Agriculture Committee. Wilkinson addressed the need to avoid one-size-fits-all policy prescriptions, and the importance of considering nuanced policies that properly address transparency, processing capacity, price discovery and oversight in the cattle markets.

“As producers struggle to get by, large meatpackers have realized record-breaking windfall profits. These profits have not been shared equitability with cattle producers,” Wilkinson said. “Because the challenges facing our industry are..."

 

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Oct 11 8:00 AM, General News







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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

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