The U.S. Cattlemen's Association calls for "accurate meat labels" and noted they have asked FSIS to use certain labeling claims to be used exclusively for cattle "born, raised and slaughtered" in the U.S.
U.S. corn and soybean futures weakened on Friday on forecasts for dry weather in the Midwest that will allow farmers to pick up the pace of what is expected to be a record harvest of both crops, traders said.
Hot and dry cornfield conditions are breeding grounds for dangerous aspergillus ear and kernel mold that produces aflatoxins. This toxin is a carcinogen, can harm livestock and can lead to rejection at the elevator.
At a rally of cattlemen raising their voices against low cattle prices and excessive profits by beef packers, the biggest cheers came when it was suggested President Donald Trump fire Ag Secretary Sonny Perdue.
Tyson Foods Inc., the largest U.S. meat processor, had its stock rating raised by an analyst at CLSA who said a class-action complaint alleging price collusion among chicken producers was "baseless" and that investors s