South Carolina State Ports Authority plans to open a $35 million inland port in Greer have hit a snag. The authority says Nordic Cold Storage, a company that operates a refrigerated warehouse on property needed for the site has refused to move. The authority board met by telephone and agreed to use eminent domain to condemn and demolish the building.
Ports authority officials would not speculate on how long the condemnation process might take but said an out-of-court settlement is possible.
Authority CEO Jim Newsome said the agency wants to open the inland port by Labor Day.
USDA to Suspend Cattle Reports
Automatic budget cuts have forced the U.S. Department of Agriculture to suspend publication of 10 statistical reports or series, including an upcoming semiannual cattle inventory and monthly milk production data, for the rest of the fiscal year.
The mid-year cattle report, slated for release on July 19, was arguably the most prominent report to get the axe. Reaction to the news from traders and analysts ranged from concern to indifference.
Weather Outlook Dry in Coming Days
Brad Rippey, USDA meteorologist, giving the national weather outlook for the rest of this week.
“We have had a pretty big storm system moving across the central and eastern part of the US starting last weekend and ending on Tuesday. As that system clears off we are heading into a quiet pattern for much of the US. For the remainder of the week we expect little or no precipitation across the southern half of the country.”
Corn planters could start rolling before the end of the week, especially in South Carolina.
Whole Foods Sets Deadline for GMO Labels
Whole Foods Market has set a five-year deadline for labeling products in its stores that contain genetically modified organisms (GMOs). Becoming the first national grocery chain to set a timeline for GMO transparency, Whole Foods Market says they are responding to customers who “have consistently asked us for GMO labeling.” Since 2009, the grocery chain has been certifying its own line of 365 Everyday Value products through Non-GMO Project verification. It also claims to currently be selling more certified Non-GMO products than any other North American retailer. The Grocery Manufacturers Association (GMA) issued a statement opposing the policy on GMO labeling: “These labels could mislead consumers into believing that these food products (containing GMOs) are somehow different or present a special risk or a potential risk.”