Agribusiness Update for Friday 03/03/14

The Occupational Safety and Health Administration has decided to drop its case against a Nebraska farm. The small farm was facing 132-thousand dollars in fines. Nebraska Senator Mike Johanns calls the decision to drop the case an important step in bringing the agency back in line with the law. According to Johanns - OSHA had no business regulating the family farm to begin with. He says producers shouldn't have to worry about the government placing undue and illegal burdens on their operations and that the law clearly exempts small farms from OSHA regulations.

The Nutrition Facts label is about to undergo its second update in 20 years. The label is found on roughly 70-thousand products. The updates announced Thursday support First Lady Michelle Obama's Let's Move! initiative in its ongoing efforts to provide parents and families with access to information that helps them make healthier choices. The First Lady says the guiding principle is simple - that consumers should be able to walk into their local grocery store, pick up an item off the self and be able to tell whether it's good for the family.

That's today's Agribusiness Update from the Ag Information Network.