An analysis by university ag economists contracted by USDA has found that the economic benefits of mandatory country of origin labeling would be insufficient to offset the cost of the requirements. For more information visit www.capitalpress.com
A beef analyst predicts beef supply will be tighter next year, but increased pork and poultry production will lead to an overall increase in animal protein production. Click here for the full story
The Congressional Budget Office said gradually raising the minimum from $7.25 hourly to $10.10 would lift 900,000 people above the federal poverty level by 2016. That is out of 45 million who would otherwise live in poverty without an increase. But the analysis also noted a downside: About 0.3 percent fewer jobs, especially for low-income workers; higher costs for business owners and higher prices for consumers. Click here for the full story
