VegNews Daily

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.

 Comments

Vegan Egg Company Receives $1 Million in Funding

Founders Fund chose to back Hampton Creek Foods as its first culinary startup investment.
Read More »

PETA Uses CGI to Show the Suffering of Film Apes

The People for the Ethical Treatment of Animals personifies the plight of apes used in Hollywood productions in its new advertisement.
Read More »

River City’s Second-Annual Plant-Based Festival

Memphis, TN gears up for its yearly citywide vegan celebration on June 21.
Read More »

Shape Magazine Spotlights Plant-Based Meat Company

The health and fitness magazine interviewed Beyond Meat’s founder and CEO Ethan Brown.
Read More »

VegSwap Allows Backyard Farmers to Trade Produce

The online network will will work to end food waste by enabling UK residents with green thumbs to share the fruits of their labors.
Read More »

This Week on VegNews TV: Go behind the scenes of Mercy for Animals' Justice for All event with Heidi Rayden who interviews compassionate stars.

More Videos »