RABOBANK REPORT - A new white paper by Rabobank says don't expect many food industry mergers in the near-term, due to increased scrutiny from antitrust regulators. However, the bank says it anticipates more consolidation of pork and milk producers at the producer level as the least efficient, undifferentiated operations "will feel the most pain in this process and may be forced to exit the industry."

NEW CATTLE BOSS - Steve Foglesong of Astoria, IL, was elected president of the National Cattlemen’s Beef Association this week.

YELLOW TAIL - Australian wine maker Yellow Tail has donated $100K to HSUS as part of a promotion that continues through March.  The announcement has created an online tempest on ag social media sites this week.  Many ag supporters are calling on their friends to show their displeasure at Yellow Tail's actions.

WIRELESS USE - Fourth-fifths of young adults between the ages of 18 and 29 are wireless Internet users, and while many of them are getting to the Web using their laptops, they're also using netbooks, cell phones, game consoles and e-readers, according to a new report from the Pew Internet & American Life Project.