Sep 19, 2013
The SNAP portion of the farm bill is on the House floor today with $40 billion in cuts over 10 years. Although on the surface, this gives the appearance of progress, this version and the Senate’s are so far apart, few think the two sides of the aisle can come to some sort of agreement in the next 11 days. Unfortunately, this debate has turned away from what’s good for farmers and into a political chess match--agriculture is a lowly pawn. The queens in this game are the politicians who take a stand for the "better good." It’s just that each has a varying opinion on what 'good' actually is. Farmers and hungry families will both feel the wrath when the current legislation expires on September 30.
NY Times: Anti-Hunger Advocates Put Pressure on Lawmakers
KBTX asks Do We Need a Farm Bill?
Daily Kos: A Look at the Starvation Bill
Stocks, bankers and cattlemen alike can breathe a collective sigh of relief after the Fed announced its decision to refrain from cutting stimulus programs. Doesn’t sound like Bernanke is wearing rose colored glasses when it comes to tapering off bond purchases. Keeping interest rates down and the consumer confident that he will have some extra income to spend on beef will help counteract rising prices at the meat counter.
Beef on the Fly
We fly commercial airlines fairly often, and most of the time a "free" soda is about as good as it gets. But if you’re on a cross-country flight or headed to another continent, you might get treated to airline cuisine. Ok, "treated" might be a bit generous, but you get the idea. If you’ve ever given any thought to just how airline food, especially high-end airline meals are made, CNN has the scoop.
If your travels take you to Spain, Forbes has a quaint little location known for its beef that you’re likely to miss if you don’t take note now.
Panera Bread has not been considered a friend of the beef industry, so we almost didn’t click on this CNN video to see what the CEO had to say. But, in light of food stamps being a big part of the farm bill politics, we were curious how their top-dog fared this week after he vowed to eat on just food stamps for a week. Kudos to him for trying the experiment. Although, he does manage to include a plug for his "inherently good" business at the end of the segment.
Much Ado About Nothing?
USDA has turned its head regarding a Washington farmer’s hay crop that was shown to have a low level of Roundup Ready alfalfa. Grist bills this as front page news, but is it really? Perhaps the best part of this article is not the news itself, but the commentary left by readers.
Likely your time spent reading this blog is more for a brain escape than to learn any hard core news. No worries! Policymic found that letting your mind wander is healthy! Here’s 8 reasons why busy people should make time to daydream.
HeiferPro’s Chuck Jolly sits down with Derrell Peel to pick his brain about expansion and the future of the industry.