The Supreme Court has turned down a case that pork producers were hoping the justices would hear.
The high court denied a petition from the Iowa Pork Producers Association. The group filed the petition after an appeals court rejected their challenge to Prop-12 last year. The Des Moines Register reports that the court did not explain why it denied the petition.
Congressman Andy Feenstra says Prop-12 is a burden for pork producers and their families, making the profession needlessly more expensive. Studies show pork is up 20 percent in California since the housing law went into effect.
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Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
