The Bush Administration has signaled its desire to slash long-standing agricultural subsidies as part of the next WTO pact. U.S. Trade representative Robert Portman is suggesting cuts of up to 60% in U.S. subsidies to producers, which drew enthusiastic support from dairy manufacturers' representatives.
A new fruit and milk drink for busy adults who might otherwise skip breakfast is the latest idea from Bravo! Foods International. It's not a yogurt smoothie, but Breakfast Blenders is a lactose-free flavored milk with added protein and fruit-based fiber and nutrients.
Hurricane Katrina made an already tight U.S. sugar market even tighter as the storm battered the Gulf coast. In response, USDA is increasing the current fiscal year's domestic marketing allotments and has allowed early entry of some imports scheduled for the new fiscal year. USDA is increasing the current fiscal year (FY05) overall allotment quantity by 105,000 short tons raw value (STRV), 55% of which is assigned to the domestic sugar beet sector. The remaining 45% will be reassigned to additional imports, since there are no U.S. cane sugar stocks available. USDA is also increasing the fiscal year 2006 tariff-rate quota for refined sugar imports by 75,000 STRV for a total of 129,013 STRV, which will be allocated on a first-come, first-serve basis.