What are the 7 cool commodities? (2024)

What are the 7 cool commodities?

Covered commodities include muscle cuts of beef (including veal), lamb, chicken, goat, and pork; ground beef, ground lamb, ground chicken, ground goat, and ground pork; wild and farm-raised fish and shellfish; perishable agricultural commodities; macadamia nuts; pecans; ginseng; and peanuts.

These include: fresh and frozen fruits and vegetables; wild & farm-raised fish and shellfish; muscle cut and ground chicken, lamb, and goat meat; raw peanuts, pecans, and macadamia nuts; and ginseng. Foods such as beef, pork, turkey, milk, cheese, wheat, and rice are not subject to COOL requirements.

What is COOL? Country of Origin Labeling (COOL) is a labeling law that requires retailers to provide information to consumers regarding the origin of certain foods, referred to as “covered commodities.” There are two regulations: 7 CFR Part 60 for fish and shellfish, and 7 CFR Part 65 for all other covered commodities.

The identified items as COOL covered commodities are generally unprocessed, fresh fruits and vegetables. Based on the information provided and the products listed, the COOL covered commodities would likely include fresh cut honeydew/cantaloupe/watermelon bowl, fresh cut green peppers, and fresh cut cantaloupe bowl.

Food products covered by the law include muscle cut and ground meats: lamb, goat, and chicken; wild and farm-raised fish and shellfish; fresh and frozen fruits and vegetables; peanuts, pecans, and macadamia nuts; and ginseng.

What are COOL covered commodities? USDA is an equal opportunity provider, employer, and lender. farm-raised fish and shellfish; muscle cut and ground chicken, lamb, and goat meat; peanuts, pecans, macadamia nuts, and ginseng.

What About Crude Oil? Crude oil is by far the biggest commodity market, and oil prices were the talk of the town for much of 2022.

Records for covered commodities must be maintained for 1 year from the date the origin declaration is made at retail. Records may be maintained in any location and in any format. There are 2 types of Retail Surveillance Reviews.

USDA programs are funded through the annual Agriculture, Rural Development, Food and Drug Administration, and Related Agencies (Ag-FDA) appropriations bill. USDA-RD operates a broad range of programs vital to rural counties and the communities we serve.

The Supplemental Nutrition Assistance Program (SNAP) provides food benefits to low-income families. SNAP is the Nation's largest nutrition assistance program, accounting for 65 percent of USDA nutrition assistance spending in fiscal year (FY) 2022.

When can you not eat cantaloupe?

Cantaloupes produce ethylene that may cause damage and reduce shelf life of sensitive produce. Avoid using whole melons that have visible signs of decay or damaged rinds (such as mechanical damage or cracking) due to the increased risk that harmful bacteria may have contaminated the melons.

The rind should be a sandy gold—not green—color. Avoid any cantaloupes with discoloration or soft spots. The perfect cantaloupe should have some give when you press on the stem end. If it is rock-hard, it is an unripe melon.

Cantaloupe slices will keep in the refrigerator for up to three days. 3. Storing cubed cantaloupe: Diced cantaloupe will last in the fridge in an airtight container for one to two days. To cube the fruit, slice the rind off your cantaloupe using a sharp knife, then cut the orange flesh into evenly sized pieces.

Background on Mandatory Country of Origin Labeling:

The U.S. lost multiple appeals to WTO rulings against MCOOL, and in December 2015 the WTO authorized just over $1 billion in tariffs against U.S. products from Canada and Mexico. On December 18, 2015, Congress repealed MCOOL.

Muscle cuts and ground beef and pork items are no longer subject to country of origin labeling (COOL) requirements.

The 10 largest sources of cash receipts from the sale of U.S.-produced farm commodities in calendar year 2022 are (in descending order): corn, cattle/calves, soybeans, dairy products/milk, broilers, hogs, miscellaneous crops, chicken eggs, wheat, and hay.

Mexico and Canada threatened to impose over 1 billion dollars of tariffs against the United States unless labeling was removed. In 2015, due to this pressure, President Barack Obama signed an appropriations bill which removed COOL requirements for beef and pork.

The US ranks among the top producers despite the fact that just 1% of the total employed population is employed by agriculture. Judging by the demand-supply relationship, wheat, rice, potatoes, maize, and sugarcane are the top five commodities produced in the world when measured in tons.

Crude oil ranks as one of the most traded commodities in the world. Commodity traders who had taken long positions on crude oil last year made a lot of money. Crude oil prices decreased in 2020 as a result of COVID-19 and the consequent global lockdowns.

1. Brent Crude Oil. Brent Crude oil is the most traded global commodity.

Which commodity is in high demand?

KEEP 3 TO 7 YEARS

Knowing that, a good rule of thumb is to save any document that verifies information on your tax return—including Forms W-2 and 1099, bank and brokerage statements, tuition payments and charitable donation receipts—for three to seven years.

Cool and dry – that's how your records should always be. Heat can warp the records, and cold temperatures will make the vinyl more brittle and lead to cracking. Keeping them at a consistent temperature, ideally between 65 and 75 degrees, reduces the risk of damage.

"A typical vinyl record can start warping due to heat at a temperature of 140 degrees Fahrenheit (60 degrees Celsius) and can melt at temperatures exceeding 212 degrees Fahrenheit (100 degrees Celsius)," Peak Vinyl reported for Newsweek.

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