Canada's Rail Strike Ends and Vilsack at the DNC
From the Ag Information Network, this is your Agribusiness Update.**Just 16 hours after Canada’s two primary railways locked
out Teamster Union employees on Thursday, Federal Labor Minister Steve MacKinnon stepped in to order binding arbitration on the parties.
Weeks ahead of the deadline, management at both railways had been asking for binding arbitration, while the union rejected government interference.
MacKinnon expects a resolution ‘very quickly’, but stressed this is an independent process, but expects trains to be rolling again ‘within days.’
**Ag Secretary Tom Vilsack was at the Democratic National Convention where Agri-Pulse was able to get his views on a possible Kamala Harris presidency.
Vilsack says he believes a Kamala Harris administration could speed the transition to clean energy and climate-smart agriculture started under Joe Biden.
Asked about Harris' proposed ban on food price gouging, Vilsack says "it's important and necessary I think for the federal government to be on the side of consumers.”
www.agri-pulse.com
**U.S. imports of animal fats, greases, and processed oils, like cooking oil, skyrocketed to almost five billion pounds in 2023 from 2.2 billion in 22.
The surge has been driven by rising domestic production of biomass-based diesel, fuels to meet federal and state policies aimed at reducing greenhouse gas emissions.
Process imports have doubled to three billion pounds from 2022 to 23 with China the top supplier.