Invest in Sick Cattle
Jun 05, 2013
Forget human medicine; invest some of your stock portfolio in animal health companies. That’s what MoneyMorning.com suggests, saying investing in animal health might be a sound strategy. After all, those of us in the industry know the need for animal health products, and animal health doesn’t have to deal with the repercussions of Obamacare.
According to St. Louis Business Journal, Pacific Northwest wheat farmers are working on damage control, trying to preserve their export market while "tractor chasing" attorneys file suit against Monsanto on behalf of a Kansas farmer for damaging the wheat market. Monsanto announced it has provided importing countries with a test for the GMO wheat, says Food Business News.
On a related note, Food Safety News reports Connecticut is now the first to label any GMO food.
An Order of Beef with Your Books
Amazon has extended its grocery business to Los Angeles, reports the Wall Street Journal. The online retailer said even though food is a low-margin business, it could bundle groceries with electronics, Reuters reports. Hmm...I’ll take a box of Choice ribeyes with a Kindle on the side.
Beef on the Cheap?
There’s a trend for restaurants to appeal to a frugal food audience, reports USA Today. Taco Bell, Dairy Queen and other fast food is trying to capitalize on bargain shoppers. Now it appears Pizza Hut and Olive Garden want in on the deal too.
Can’t Leave Out the Farm Bill and Immigration
The Gang of Eight-plus-One had this to say about immigration, Politico reports.
And some are weary of a farm bill rule regarding the Farm Credit System, while the Oklakhoma Farm Report says others remain optimistic.
Hung up on what to get Dad for Father’s Day? Oscar Mayer has this suggestion, according to Advertising Age.