The House Ag Subcommittee on Livestock and Foreign Agriculture held a public hearing Wednesday to examine the implications of potential retaliatory measures against the U.S. regarding Country-of-Origin Labeling. Subcommittee Chair David Rouzer says the threat of retaliation is severe - and Congress must act quickly to prevent irreparable damage to certain industries and the overall economy. House Ag Committee Chair Mike Conaway says COOL has been a failed experiment from the start - and now the economic damages the U.S. could face will be felt by all Americans - not just the ag industry.

The Agriculture Department’s Food Safety and Inspection Service announced Wednesday it is increasing the dollar limitations on the amount of meat and poultry products a retail store can sell to hotels, restaurants and similar institutions without disqualifying for exemption from federal inspection requirements. For 2015 - the dollar limitation for meat and meat food products is raised to 76,900-dollars. The poultry product limitation is raised to 58,200-dollars. The increased limitations will take effect April 23rd.