The right time to chop. Defenders of the common agricultural policy and other rich-country farm policies cannot have it both ways. They cannot demand more money when prices are low, and then ask for extra protection when they rise. [News Source]

Seoul to crack down on false beef labeling. The Korean government vowed Tuesday to crack down on false beef labeling and tolerate importers' refusing to buy U.S. beef from cattle aged over 30 months that may have higher risks of mad cow disease. [News Source]