More than one third of the members of the House of Representatives have called on Secretary of Agriculture Tom Vilsack to go back to the drawing board with a rule on the marketing of livestock and poultry proposed by the USDA’s Grain Inspection, Packers and Stockyards Administration (GIPSA).
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The National Chicken Council, along with six other poultry and livestock trade groups, sent a letter this week to Senators Tom Coburn (R-OK) and Dianne Feinstein (D-CA) applauding their leadership in introducing “The Ethanol Subsidy and Tariff Repeal Act,” which would end 30 years of tax credits for conventional ethanol and end the tariff on imported ethanol on July 1.
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Broiler production expansion during the second half of 2011 and into 2012 will depend greatly on the strength of the general economy, including a gradual decline in the unemployment rate, and the prices for corn and soybean meal, according to the “Livestock, Dairy and Poultry Outlook” report this week from USDA’s Economic Research Service (ERS).
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Demand for chicken is picking up after a slow start to the outdoor grilling season, and high prices for beef and pork are expected to support featuring of chicken by retailers and foodservice operators this summer, top executives of chicken companies told an investment conference this week.
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