G7 leaders meeting in Germany this week boldly pledged to end hunger for 500 million people by 2030. Given the fact that the number of malnourished has been consistently declining since 2001, it is an easier target to impose on future leaders. Mind of a Trade Agenda Opponent Congresswoman Rosa DeLauro (D-Connecticut) is a passionate opponent of President Obama's trade agenda – even if she gets several of her facts wrong. The Wall Street Journal took her to task today for some of her misrepresentations, but a few more of the many deserve mentioning:
She says she is not opposed to trade and voted for the WTO in 2003. Then she blames the recent loss in the country-of-origin labeling (COOL) case on a "free trade agreement." In fact, the ch...
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...