U.S.-Colombia Trade Promotion Agreement Effective May 15

On May 4, 2012, in International Trade

Following an official exchange of letters confirming completion of applicable legal requirements and procedures, the U.S.-Colombia Trade Promotion Agreement (TPA) will take effect May 15, according to a summary notice in USDA’s Agricultural Marketing Service (AMS) International Egg and Poultry Review  this week.

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E10 Blend Wall Hurting Ethanol, Industry Says, as Output Continues to Increase

On May 4, 2012, in Ethanol

Despite ethanol production increasing 3.4 percent last week to 894,000 barrels a day,  hitting the “E10 Blend Wall”  is having a negative impact on new projects, Doug Durante, executive director of the Clean Fuels Development Coalition, told an ethanol forum this week.

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USDA Provides Production Grant to Pollo Real Poultry Company in New Mexico

On May 4, 2012, in Industry Notes

Pollo Real, a pasture-grazed, federally-inspected poultry company in Socorro, New Mexico, received a production grant this week from the USDA Rural Development Program, according to New Mexico Business Weekly.

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Yum! Brands Promotes Carucci to President and Grismer to Chief Financial Officer

On May 4, 2012, in Fast Food Footnotes

Yum! Brands this week announced the promotion of Rick Carucci to president of the corporation.  He will report to David C. Novak, chairman and chief executive officer.

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Buffalo Wild Wings Seeking Acquisitions to Spur Company Growth

On May 4, 2012, in Fast Food Footnotes

Buffalo Wild Wings Grill & Bar is “investigating potential concepts for acquisition that would provide additional growth,” according to Sally Smith, president and chief executive officer of the 835-store chain.

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Eggs Set, Chicks Placed, Broilers Produced Report

On May 4, 2012, in Eggs Set-Chicks Placed-Slaughter Report

U.S. total broiler slaughter for the week ending May 5 is estimated by USDA-AMS’s Poultry Market News Service to be 151,870,000 broilers, a 5-percent decrease from the same week a year earlier.

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