Court upholds FDA rule on antibiotics in animal feed
The 2nd U.S. Circuit Court of Appeals in New York ruled the FDA can reject citizen challenges to its policy allowing antibiotics in animal feed for non sick livestock. The decision preserves a plan to phase out indiscriminate use while permitting medically necessary exceptions, amid concerns about antibiotic resistance.
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Labor claims drop to eight-year low in July report
The Labor Department said initial unemployment claims fell 19,000 to 284,000 for the week ended July 19, the lowest since February 2006. The four week average declined to 302,000, and continuing claims eased to 2.50 million. The jobless data signal ongoing labor market tightening and a steady unemployment rate of 1.9 percent for continuing recipients.
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Commodities lineup for weekend market review
The Gazette promotes a weekly feature titled Back to the Futures. It offers a quick discussion of the week’s grain livestock gasoline prices and related topics.
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