Markets in 60 seconds: 8/25/14

Markets in 60 seconds: 8/25/14

Horse slaughter: Valley Meat Co. withdrew its request for a groundwater discharge permit with the New Mexico Environment Department, thus ending its pursuit to open a horse slaughter facility. The action came after the federal spending bill cut funding for horse slaughter inspection. According to the company's attorney, Valley Meat withdrew its application, noting the state's arbitrary delay in making a decision. The company will continue to seek a permit for a beef proce

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