USDA Secretary Sonny Perdue should find it easy to explain his proposed removal of the undersecretary for rural development position and budget cutting, and there are three points he could make. Rural Downgrade USDA Secretary Sonny Perdue should find it easy to explain his proposed removal of the undersecretary for rural development position and budget cutting. Here are three points he could make:
The last reorganization created six undersecretary positions at USDA, which assumes that the $1.2 billion managed by the sub-cabinet member overseeing rural development is as important as the colleague managing $112 billion in domestic food assistance or the one responsible for $18 billion worth of farm and foreign programs. USDA’s rural dev...
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...