Louisiana loves beef, but new federal data shows we can expect to pay more for the popular protein in the months ahead…:
Cut 1 (33) “…I’m Kevin Gallagher.”
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Baton Rouge Congressman Garret Graves still has not made up his mind on running for governor . Jeff Palermo has the story…
Cut 2 (32) “….I’m Jeff Palermo”
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Louisiana loves beef, but the USDA’s 2023 Cattle Report predicts higher costs ahead for the popular protein. Cattle Producers of Louisiana CEO David Foster concurs with the USDA’s findings that say the national herd is down over 39-million head from one year ago…:
Cut 3 (10) “…were down 6-percent.”
Foster says there are fewer beef cattle around, which drives up cost based on availability. What’s more, feed stock costs are also up sharply meaning less food in feeders to fatten up the livestock…:
Cut 4 (10) “…for the consumer.”
Foster says fewer and less hefty cows will mean less beef for the market, hence an increase in costs of – possibly – 10-percent or more. He says all this can, of course, be affected by consumer demand for beef…:
Cut 5 (13) “…customers back again.”
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Baton Rouge Congressman Garret Graves is still not ready to make a decision on whether to run for governor or not. Graves says he’s received encouragement to run, but his busy schedule in Washington D-C has kept him from examining the race
Graves, who is a close ally of House Speaker Kevin McCarthy, was recently named chair of the Elected Leadership Committee, an important position in the GOP.
Meanwhile, Graves is not happy the state GOP has already endorsed Attorney General Jeff Landry in the Louisiana governor’s race. Graves says voters are upset a group of Republicans are trying to hand pick the next governor…
Cut 7 (08) “…strong encouragement”
Graves is 51-years-old and has served in the U-S House since 2015. During his weekly appearance on Mornings with Brian Haldane on Talk 107-3, Graves admits the Louisiana Republican Party’s endorsement of Attorney General Jeff Landry has led to a push for him to run for governor…
We also continue to wait on a major Democratic candidate to get in the race.
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There’s another big jackpot drawing tonight. Powerball is up to $653 million with a cash value of $351 million. Dustin Annison with the Louisiana Lottery says this Powerball jackpot has been rolling since November 21st.
It seems like we’ve heard about several large jackpots recently in the multi-state games. Annison says the current Powerball jackpot has been rolling for 31 drawings.
Cut 10 (08) “…Louisiana winner.”
So just what are your chances of winning? Annison says the odds of hitting a jackpot are one in 292 million.
Cut 11 (09) “…million dollars.”
To be eligible for tonight’s Powerball drawing your ticket must be purchased by 9:00 PM. Remember to play responsibly and it only takes one ticket to win.
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At the legislative special session today, the Louisiana House voted for a measure that creates a 45-million dollar incentive fund that would provide grants to insurance companies who write private property policies. Plaquemine Representative Chad Brown has reservations, but still voted yes…
The goal of the program is to reduce the number of Louisiana Citizens policyholders, who pay much higher premiums than they would if they had coverage through a private insurer.
Insurance Commissioner Jim Donelon believes this legislation could reduce the number of Citizens policies by 40-thousand and it needs to pass now to give companies time to get reinsurance before the start of the next hurricane season. Houma Representative Beryl Amedee says it seems like a good idea to her
Cut 13 (11) “…insurance crisis”
The measure passed overwhelming (90-to-8) in the lower chamber. House Speaker Clay Schexnayder with the final vote tally
Cut 14 (12) “..finally passed.”
The bill heads to the Senate for more debate.