A national rule on GMO labeling is inevitable. Today’s loss in the Senate by a compromise backed by aggies but opposed by most Democrats means one of two things.
Trade Rhetoric in Context The Financial Times article today headlined, “Trump stance on trade stirs fears beyond his party,” references the businessman’s rhetoric about ripping up trade deals, putting punitive tariffs on Chinese made goods and calling the Trans-Pacific Partnership (TPP) a betrayal. However, Trump is asserting the same campaign positions on trade that were effectively used by Barack Obama in 2008. Then candidate Obama said he would renegotiate NAFTA, enforce rules against China manipulating its currency and stand firm against CAFT...
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...
