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: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
