The National Milk Producers Federation commended lawmakers for reintroducing the DAIRY PRIDE Act. The legislation, NMPF says, would bring clear, accurate labeling information for consumers and end harmful mislabeling of dairy foods for plant-based products. The legislation requires the U.S. Food and Drug Administration to enforce its own existing standards of identity on imitation dairy products after decades of inaction. Senators Tammy Baldwin, a Wisconsin Democrat, and James Risch, an Idaho Republican, introduced a Senate version of the bill, and a companion bill was introduced in the House. NMPF President and CEO Jim Mulhern states, “FDA is responsible for the integrity and safety of our nation’s food, medicine, and medical devices, and it’s crucial that it enforce its own standards and requirements.” Standards of identity legally define what constitutes a specific food or food product, requiring the food product to carry certain qualities. When enforced, these legal standards protect consumers by helping to ensure the integrity of their food.
Wednesday Closing Dairy Market Update - May Class IV Closes Above $21
GENERAL OVERVIEW: Milk futures posted a very strong day on Wednesday. Traders moved Class III futures higher in overnight trade in r...
-
OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
-
MILK: Milk futures declined for the week, but not as much as should have been seen according to the drop in the spot cheese and butt...
-
MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
