SCOTUS Denies R-CALF Lawsuit and U.S.-Taiwan Trade Talks
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.**The Supreme Court has denied R-CALF’s lawsuit against 13 state beef councils and the Beef Checkoff.
The National Cattlemen’s Beef Association says the ruling effectively ends “yet another R-CALF attack on the Beef Checkoff and prevents the activist attorneys from further diverting Checkoff and beef industry resources.”
NCBA says multiple court decisions rejected these allegations and reaffirmed the work and direction of the Beef Checkoff and those who guide it.
**Trade officials from the U.S. and Taiwan met last week for the inaugural meeting of the Initiative on 21st-Century Trade.
U.S. Deputy Trade Representative Sarah Bianchi says, "This initiative will unlock market opportunities, promote innovation and create inclusive economic growth for our workers and businesses."
The trade officials reaffirmed their shared interest in developing and deepening trade and promoting innovation.
The commitments will cover several trade areas, including
agriculture.
**The national average gas price declined for the second straight week, down 8.8 cents to $4.48 a gallon.
The national average is up 28.3 cents from a month ago and $1.79 higher than a year ago.
The national average diesel price declined 2.7 cents in the last week, to $5.79 per gallon.
Gas Buddy's Patrick De Haan says, prices could fall again, but any sudden jolts to supply could quickly cause a turnaround.