USDA Secretary Tom Vilsack has chosen sides in the biotech labeling debate, and it is with the mandatory approach of his political compatriots in the Senate.
USDA Secretary Tom Vilsack has chosen sides in the biotech labeling debate, and it is with the mandatory approach of his political compatriots in the Senate. He says he prefers the industry’s proposed SmartLabel approach that utilizes QR codes and the Internet, but he calculates that only a mandatory approach supported by GM opponents and the party in the minority on Capitol Hill is passable? Secretary Vilsack met with both sides in the fight to implausibly try and find a compromise. Unfortunately, he never took the one step that could have worked – federal preemption. F...
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...