Dairy Termination Program reshapes US milk output and farms
Washington AP reports the Agriculture Department’s 1.8 billion dollar whole herd buyout aims to reduce dairy capacity, with producers selling cows and staying out for five years. The move, part of the Food Security Act, may slow gains in U.S. milk production though output this year could rise about 1 percent.
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Outlook
Coke-Pepper Bid Tactics in Pepsi Seven-Up Clash
Documents in Coca-Cola antitrust filings show the company aimed to scuttle Pepsi’s bid for Seven-Up by stirring publicity. A Coca-Cola memo labeled highly confidential suggested public pressure as a tactic, while top executives reportedly disagreed with the approach. Judge Gesell weighs FTC actions blocking Coca-Cola’s Dr Pepper takeover amid these disputes.
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No Name Driver Convicted After Refusing to Identify
Raymond Kent Yarbrough 39 of North Hollywood was convicted of delaying an officer and driving without a license or registration after he refused to identify himself as John Y Doe. He was acquitted of an illegal left turn. Sentencing set for Aug 18.
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Raymond Kent Yarbrough
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Yarbrough
U.S. Supreme Court
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California Highway Patrol
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