Agribusiness Update for Wednesday 06/04/14

Yesterday - Ag Secretary Tom Vilsack kicked off the 6th Annual Feds Feed Families Campaign. Vilsack says the spirit of service runs deep across the federal government - and this campaign offers another opportunity to give back to communities and neighbors in need. Since the initiative began five-years ago - Vilsack says federal employees have donated more than 24-million pounds of food. The drive will run through August 27th. For more information - visit USDA dot gov slash Feds Feed Families.

Now that Seattle has passed a massive minimum wage hike, what will be the implications for the rest of the state and on across the country? The Seattle City Council passed a $15 minimum wage ordinance that will gradually raise the wage to the $15 level over several years. It is the highest minimum wage in the nation. Small businesses are keeping a close eye on the increase and many others are concerned as well. According to the plan, small businesses will have a more gradual increase. No doubt some small businesses will find it difficult to make ends meet with the increase.

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