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Wednesday, March 11, 2009

Peanut Industry Predicts Billion-Dollar Loss

Today the head of the Georgia Peanut Commission told members of Congress the recent salmonella outbreak linked to a Georgia peanut plant could cost the industry 1 Billion dollars. A salmonella outbreak at plants operated by the now bankrupt Peanut Corp. of America prompted one of the largest recalls in history. The company shipped its peanut butter and paste to industrial producers who used it in products ranging from ice cream to dog food. More than 680 people were sickened and as many as nine may have died. The peanut commission's Don Koehler says peanut farmers are having to cut their acreage by a-third, but he says the true cost won't be know until the scare is over.

(Associated Press)

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