Agribusiness Update for Wednesday 6/05/13

This is the Agribusiness Update...I’m Greg Martin...

Idaho Senators Mike Crapo and Jim Risch have joined to introduce an amendment to the Agriculture Reform, Food and Jobs Act of 2013, more commonly known as the Farm Bill, that would reinstate fresh white potatoes as eligible for purchase under the Women, Infants and Children (WIC) program. 

A Kansas wheat farmer has sued Monsanto Co, accusing the biotech seed giant of gross negligence for not containing an experimental genetically modified wheat discovered in an Oregon field. He alleges that he and other wheat farmers have been hurt financially by the discovery of the unapproved biotech wheat that Monsanto said it stopped testing and shelved nine years ago.

The Senate Finance Committee has scheduled a hearing Thursday on President Obama’s nomination of Michael Froman for U.S. Trade Representative. Froman is the Deputy Assistant to the President and Deputy National Security Adviser for International Affairs. He also Chairs the Major Economics Forum on Energy and Climate, Co-Chairs the Transatlantic Economic Council and plays an active role in the G-20 and G-8 summits.

That’s today’s Agribusiness Update from the Ag Information Network.