Government Performs Massive Bailout of Pork Industry
The Obama administration will be purchasing hundreds of millions of dollars of meat products in hopes of aiding farmers.
On August 13, White House officials announced that the federal government will purchase $170 million dollars' worth of meat, including $100 million of pork, aiming to aid producers who are experiencing financial struggles due to the increasing cost of feed as a result of the ongoing, widespread drought. Agriculture Secretary Tom Vilsack hopes that the purchases will “help mitigate further downward prices,” and Obama cites current “tough times” as the reasoning behind the purchase, disclosing that much of the meat will be frozen for later use. The price of corn, which is widely used as livestock feed, has risen by nearly 23 percent due to the water shortage. National Geographic suggests eating less meat and dairy as a means of water conservation due to the environmental inefficiency of livestock production.
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More Flashbacks
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- Vegan Chef to be Featured on Food Network’s Chopped
- UK Kicks Off National Vegetarian Week Festivities
- A Fitness and Food Venture Takes to Indiegogo
- Factory Farm Manure May Be Causing Explosions
- Dun-Well Doughnuts Entered in Business Competition
- Vegan Baker Uses Kickstarter to Launch Business
- Vegan Ice Cream Hitting New York City Streets
- New Casual Vegan Eatery Opening in Los Angeles
- Vancouver: Citywide Meatless Monday Celebration
- Chicago’s Vegan Eatery Kitchen 17 Recently Opened
- Rally at the Capitol to Prevent Horse Slaughter
- Kaiser Permanente Encourages Plant-Based Diets
- De Rossi Shares Recipe For Ellen’s Favorite Dish
- Starbucks Rolls Out Veg Salad On its Spring Menu
- World’s First Lab-Grown Hamburger to Be Eaten Soon
- New Jersey Legislature Passes Gestation Crate Ban
