Neither the political left nor right possesses a monopoly on hypocrisy, but today’s example involves Iowa agribusiness owner Bruce Ratstetter, who is reported (NJ.com) to be on the list to become USDA secretary should Donald Trump win election as president.
Ag Hypocrisy Neither the political left nor right possesses a monopoly on hypocrisy, but today’s example involves Iowa agribusiness owner Bruce Ratstetter, who is reported (NJ.com) to be on the list to become USDA secretary should Donald Trump win election as president. One of his major objectives is to end the federal government’s regulations on farming, although he makes significant money from the Renewable Fuel Standard (RFS). In a similar vein, Trump&rsq...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...