Malpass calls for establishing a farmland market and breaking a monopoly

Malpass calls for establishing a farmland market and breaking a monopoly where “one oligarch controls a group of companies which produces over 80 percent of the domestic output for several varieties of mineral fertilizer.” Malpass, a former Treasury official for three Republican presidents, writes in the Financial Times: “Establishing an efficient market for agricultural land will encourage improvements, including more investment in mechanization and irrigation, a shift to higher value-added products, and better access to finance for smaller farms.”