Saudi Arabia Reopens TO US Beef

Saudi Arabia Reopens TO US Beef

Susan Allen
Susan Allen
With the Agribusiness Update, I'm Susan Allen, Tuesday Saudi Arabia reopened it's market to U.S. beef giving producers and exports access to Saudi consumers after four years of being shut out of this market. They have been closed to US beef shipments since 2012 when an "atypical" case of mad cow diseases was dectected according to the USDA. WCAX.com reports: Bernie Sanders was in the crowd celebrating that Vermont's first-in-the-nation GMO labeling law took effect Friday.

" The celebration came as retailers across Vermont got word manufacturers would stop sending 3,000 products to the state. According to WCAX.com. Many popular brands from every corner of the grocery store will no longer send certain items, ranging from Pepsi Wild Cherry to whole wheat hot dog buns. You now have less choice for consumers," said Robert Letovsky, a professor of business at St. Michael's College. "Less choice means less competition, inevitably prices are going to rise." The compromise GMO bill offered in Congress does not require a label, but would allow customers to use a QR code or phone a call center to get more information. Vermont retailers have one year to sell their current inventory that does not have a label.

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