Agribusiness Update for Monday 10/12/15

Agribusiness Update for Monday 10/12/15

This is the Agribusiness Update...I'm Greg Martin...

U.S. Trade Representative Michael Froman said last week that the final text of the Trans-Pacific Partnership should be ready in the coming days, mentioning that it must be presented 30 days after the deal was reached. At that point, it will be available for lawmakers to review privately for up to 30 days before it is released to the public. Froman said in a White House press call that representatives from all countries involved in the massive trade deal are working on finalizing the text.

Two Oregon ranchers will serve five years in federal prison under terrorism statutes for setting preventative fires on their own land. Oregon rancher Dwight Hammond and his son, Steven have already served time in federal prison for the less-than-140 acres of Bureau of Land Management land that was accidentally impacted by the fires. Oregon Farm Bureau President Barry Bushue said "this is an example of gross government overreach, and the public should be outraged." Oregon Farm Bureau says the verdict is also hypocritical given Bureau of Land Management's own harm to public and private grazing lands, which goes without consequence.

That's today's Agribusiness Update from the Ag Information Network of the West.

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