Front Door Attack The recently enacted omnibus spending bill included $2.5 million to support a “White House Conference on Food, Nutrition, Hunger and Health.” The provision is notable for the following reasons:
It is rushed to be held in 2022, perhaps with mid-term elections in mind. It is to be led by the Department of Health and Human Services, and not USDA. It was pushed by Senator Cory Booker (D-New Jersey), a vegetarian and avowed opponent of Big Ag. The goal is to spark major policy changes.
U.S. agricultural commodity groups are accustomed to playing defense and can point to past successes against other fora with similarly biased foundations, such as last year’s UN Food Systems Summit. However, it r...
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...