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And as if the price increases aren't absurd now the Gubermint is getting involved to keep them high

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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-17-11 03:06 PM
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And as if the price increases aren't absurd now the Gubermint is getting involved to keep them high
U.S. places $40 million chicken order (in the name of food assistance)

The United States is stepping in to help bail out another American industry -- chicken farmers and meat processors.

The nation's chicken industry is having a difficult year. Chicken producers are struggling with higher costs of running their business at the same time that consumers are buying less meat.

This has created a glut of chicken products in the market.

Total chicken production in the first half of 2011 rose 4% compared to the same period a year ago, while demand for chicken has cooled, according to the National Chicken Council.

Consequently, retail prices for chicken product have dipped.

The Department of Agriculture, keenly aware of these issues, announced Monday that it will make a special purchase of up to $40 million of chicken products, which the government will then donate to federal food assistance programs such as soup kitchens and its national Feeding America programs.

http://money.cnn.com/2011/08/16/news/economy/chicken_prices/


Another bone to the big factory farms.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-17-11 03:20 PM
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1. Bailing out Big Chicken
seems Uncle Sam has money for all the verticals that need help, but none for the people who actually provide the money.
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