Today’s quick hits, May 11, 2023

Olive oil price spike: Heat and drought in the Mediterranean have driven the global price of olive oil to almost $6,000 per metric ton, the highest since 1997. (Quartz)

Organic food sales up: Organic food sales in the U.S. topped $60 billion for the first time in 2022, amounting to 6 percent of total food sales. (Organic Trade Association)

10K a day cross border: Thousands of migrants are crossing into the U.S. this week before a new regulation takes effect that could bar most who enter illegally from seeking asylum. (Reuters)

Rural broadband: Advocates hope the next farm bill will finish the job of connecting rural America begun in the 2018 bill, as federal standards have struggled to keep up with existing technology. (The Hill)

Aquaculture deal: The U.K. and India agreed to collaborate on research that includes using tech to spot diseases on shrimp farms. (The Fish Site)

Space tech: The development of affordable, high-quality satellite images is set to transform how the ag sector operates, allowing growers to detect the threat of pests earlier, reduce the need for inputs such as fertilizer, and boost overall crop yields. (World Economic Forum)

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