The FSIS budget has become one of the more delicate political issues in the past few years because of the 2011 Budget Control Act that reestablished the sequestration process.
The subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies of the House Appropriations Committee held a hearing yesterday on the Food Safety Inspection Service (FSIS). At the hearing, Deputy Undersecretary for Food Safety Al Almanza noted that the president's FY 2016 budget request for FSIS was set at $1.012 billion including $60.9 million for state inspection programs, $3.7 million for Codex and an additional $2.5 million for catfish inspection. Indeed, the 2008 and 2014 Farm Bills contained provisions requiring USDA to e...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
