Contact Us

U.S. Bails Out Chicken Industry; This Is The Time To Fill Your Freezer

(Photo by Joern Pollex/Getty Images)

First it was the automotive industry.  Then it was the health care industry.  Then Wall Street.  Now the United States is bailing out the chicken industry — to the tune of $40 Million.

Despite extraordinarily-low prices at the supermarket, there’s a glut of chicken on the market.  Apparently people aren’t buying enough of it.  So, to ease the financial strain on chicken farmers, the U.S. has placed a $40 million order for the birds.

This bailout follows a similar plan from 2010.

The government made a similar move with a $30 million purchases of chicken products last year and a $42 million purchase of chicken products on 2008 with the intention of stabilizing retail prices.

The USDA said funding for the special purchases comes from customs receipts.

For its part, the National Chicken Council welcomed the bail out.

 

U.S. orders $40 million worth of chicken to help industry – Aug. 16, 2011.

More from KOOL 101.7

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kool1017.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Kool 101.7 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on Kool 101.7 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!