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Pet food safety a no priority, who pays?

  • The FDA proposes new rules to make pet food safer after a number of incidents put a spotlight in the industry.
  • The proposed procedures will focus on manufacturers, but could create a ripple that will also cut into pet food sellers if higher costs can't be passed on to consumers.
  • Related stocks: DAR, PETM, NSRGY, FDP.
Comments (1)
  • From the article; "The FDA said the rule could cost industry $130 million annually to comply."

     

    That amounts to 0.25% of the $50 billion plus Americans spend on their pets. That's nothing to people who love their pets; bring it on.
    25 Oct 2013, 02:47 PM Reply Like
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