Monday morning coming down
I've spent a good part of the last hour updating links on the blog, so I hope you explore some of The Packer's news stories this week, not to mention TK Headline Picks and the latest postings from the Fresh Produce Industry Discussion Group. Farm bill markup, House Agriculture Committee hearings on border inspections and more talk about food safety are likely to dominate much of the buzz on the blog this week.
Got a little feedback on the PMA-United story from Tom Stenzel of United. Tom pointed out United's "solid financial footing" reference seems to cast the issue as a question, an answer needed to resolve doubt. It rubbed him the wrong way.
Tom says:
Incidentally, the 2007 (990) report is coming soon, with the year-end audit showing $6.5 million in annual revenues; $161,000 in net income for the year; and $3.3 million in long term reserves. Sixth straight year of financial growth, and greater than 100 new members annually.
TK: While the perception and reality may be that PMA is more cash flush than United, Tom makes a valid point here. As PMA and United's merger talks have concluded, the fresh produce trade seems to be supporting and sustaining the programs of both groups.
Labels: Farm Bill, FDA, Fresh Produce Industry Discussion Group, Tom Stenzel
posted by Tom Karst @ 5:58 AM
1 Comments:
Unless you're going to need hard cash to bribe politicos, operating cash is not is important but I don't think that PMA is filing for bankruptcy protection just yet either. As a force for launching sustained media campaigns to support legislation is a huge factor to consider. Needless to say it is important that financial accountability be in effect. Finally, regarding membership numbers; let's face it, there are real players and then there are - well, members. What isn't being said here is important, time will tell where the influence peddlers will stand when the shake-out is over. Then again in DC anyone with a buck and a legitimate following can be heard (read members). I say let the games begin.
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