A new report released today from the national environmental advocacy group Food & Water Watch details the growing crisis in Iowa farm country caused by the increasingly consolidated hog industry. The report is the second in a series outlining the harsh economic costs to consumers, rural communities and farmers of corporate monopolies throughout the American food system.
In the report — “The Economic Cost of Food Monopolies: The Hog Bosses” — Food & Water Watch analyzed the economic welfare of counties in Iowa, ground zero for the nation’s consolidated hog industry. Through an analysis of 35 years of data from the USDA Census of Agriculture, the report examines the impacts of a hyper-consolidated agriculture industry on Iowa’s local economies, consumer prices and climate change. The report also highlights how federal policies and lax antitrust oversight enabled and encouraged these impacts.
The report finds that Iowa is producing more hogs than ever, on fewer farms than ever, to the detriment of local economies.