Page 2 - Beef Product News Today : Breaking News, Live Updates & Top Stories | Vimarsana

All three averages down by 3%. investors reacting to falling bond yields, rising fears of recession. also some skepticism over the trade truce with china. we have futures trading. they are pointing slightly higher but again, markets are closed today. heather: we will see what happens thursday, tomorrow. a massive wheat recall. >> this is a meat recall from october. an additional 5.1 million pounds of beef bringing the total up to 12 million pounds of beef being recalled for concerns over salmonella, a strain of bacteria that can cause food poisoning. this is very serious. the usda telling peop...

Mixture of meat to make the least expensive, least costly hamburger, including that beef product that came to be known as pink slime. at least this product is coming just from the shoulder. the bad news is, yes, i think this is one of the first signs what we're going to see increasingly food security, the population of earth going so people will be clamoring not for healthy food, not for organ being, but increasingly just for calories, protein, put it in your body, get going at any cost. i think the processed food industry is secretly waiting to come to the rescue of us to feed us. >> obviousl...

Entail and what does he suggest we call pink slime from now on? >> reporter: not pink slime for now. this was attempt to persuade grossed out consumers and grocery stores what critics call pink slime and industry calls lean, finely textured beef is lean, and nutritious. they came and saw and ate. to prove their point to the public. some detractors calling the lean beef trim pink slime are using a bad nickname that should be ignored. lieutenant governors of nebraska and south dakota took a tour of beef products incorporated plant in nebraska yesterday, the main producer of the beef product. exa...

Additional information. with 70% of the supermarket ground beef containing pink slime and only two chains admitting they use it, how are you to know what's in your beef? for a week abc news and jim avila have asked the beef industry that question. >> why not just put it on the label? >> it's beef. it's on the label. it's a beef product. it says beef. this is beef. so we are declaring it. it's beef. >> reporter: the usda is clear in saying pink slime is safe. but while the government is changing its policy for schools, it won't demand that supermarkets label what's in the beef you buy. david ke...

Not that well versed in it, but the fact of the matter is there are certain levels of beef, and fat, incidentally, you can't have more than 30 percent fat in it, and the plaintiffs' lawyers are saying wait a minute, they're advertising this as a beef product, made up of the flesh of cattle, which is the general definition, at a certain percentage, but in point of fact, the percentage is -- the percentages fall short of the true definition. the other interesting thing, bill s. they're not suing for any money. they're suing simply for an injunction, forcing the company to correctly advertise. bi...