NEWS
The Market's Fine Print
John Harrington DTN Livestock Analyst
Tue Aug 31, 2010 02:15 PM CDT

Like a shell-shocked commander waving a white and bullet hole-ridden flag, USDA Secretary Tom Vilsack parsed his words with great care in the midst of last Friday's livestock competition meeting.

He talked about the need for "a delicate balance" in the new GIPSA rule, "artful" comments by disagreeing panelists, and the necessity to "recalibrate" the market. At times, he sounded more like a Swiss watchmaker than someone who would be mediator of controversial ag reform.

I'm guessing a few on both sides of the question picked up on the same vibes, sensing the cautious but determined secretary was getting ready ...

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