US senators have asked the country's competition authorities and the attorney general to investigate why the average price paid to farmers for milk has fallen 26% over the past year, while retail prices have dropped only 6%. Senators on the judiciary subcommittee on antitrust said the widening gap between payments made to farmers and retail prices suggested retailers or processors might be "abusing their market power". Senator Patrick Leahy told agriculture secretary Dan Glickman: "Farmers are getting less and consumers are paying more. Someone is benefiting." {{NEWS }}

Topics